☰ Menu eFinancialCareers

Lunchtime Links: How a thirty five year old blonde ex-model turned banker made herself £30m

Remember Amanda Staveley, the beautiful blonde ex-girlfriend of Prince Andrew who brokered the transaction with Sheikh Mansour Bin Zayed Al Nahyan of Abu Dhabi which helped save Barclays after the financial crisis? Euromoney has been party to some emails showing that Staveley was very well rewarded for her part in the deal: she made £30m.

At lunchtime on April 30th 2009, Staveley received an email from her private banker on the Isle of Man, said Euromoney. Therein was confirmation that a sum of  £29.5 million ($45.7 million) had just been deposited into her bank account. Staveley made considerably more than anyone else on the deal: according to Euromoney, entire teams of bankers at JPMorgan and Credit Suisse were paid just £900k. Curiously, Euromoney points out that Staveley was paid by Barclays and not by Sheikh Mansour (who it’s estimate made around £1.5bn from the transaction.)

As Staveley is based in Dubai, her fee is likely to have been tax free. Staveley had to do some work it, however.  A former part time model, she arrived in the UAE in the mid-2000s and set about building a contact base. Euromoney said the £30m fee was the conclusion to hard a year of ‘power schmoozing,’ for which there was no guarantee that Staveley would be paid anything at all.

You can see a photograph of Amanda here. 

Meanwhile:

UBS had a blowout quarter in equities, says banking analysts. (Bloomberg) 

FX revenues at UBS doubled in the first quarter. (Bloomberg) 

The chairman of the Bank of England’s governing body works 3-4 days each week and is paid £30k a year. (Financial Times) 

Deutsche has hired in asset management and wealth management and employs 1,200 people in HR alone. (eFinancialCareers.de)

Alex Hope, a 24 year old supposed FX trader who spent £200k at a bar has been charged over an illegal investment scheme. (CityAm)  

Nomura over-expanded after acquiring Lehman, says Steve Ashley. This is now being ‘unwound.’ (Financial News)

Headshots for the fallen at JPMorgan. (DealBook) 

Jamie Dimon’s daughter Laura appears to have written this article discussing defecation at work. (DailyBeast) 

The Myers Briggs test was developed by two housewives. (Guardian) 

Summer holidays starting now for bankers in France. (eFinancialCareers.fr) 

Comments (1)

Comments
  1. I’m disappointed by the tone of this article. The lady looks nothing but professional. Well done to her for winning the deal.

The comment is under moderation. It will appear shortly.

React

Screen Name

Email

Consult our community guidelines here