Company: Charterhouse Partnership

Private equity pays in the Gulf

Not only does Dubai have an indoor ski slope and a sunny (albeit hot) climate, it also pays its private equity professionals more than they can earn in Western cities. “The trend is for net earnings in Dubai to equate to gross earnings in, say, London or New York,” says Gareth Clayton, a director at [...]

By anonymous, 11 January 2007 • 0 comments

M&A bankers find life is harder

If a week is a long time in politics, a year is an eternity in investment banking. Last year M&A bankers were the sexiest candidates at the recruitment ball, and none were more amorously pursued than media telecoms and technology specialists. This year, however, wealthy suitors are few and far between, and of all the [...]

By anonymous, 1 October 2001 • 0 comments

Keep cool – just grasp the black bag and walk

The old rule of ‘first in, last out’ no longer holds sway. In fact, in some cases, in the financial services industry it looks set to be reversed. Recent liberality with guaranteed pay packages means that those clutching bin bags are unlikely to be the newest arrivals. Ian Tucker, of the management consultancy AT Kearney, [...]

By anonymous, 19 March 2001 • 0 comments

Dot-com recruitment fuelled salary spree

On the whole, bargaining power shifted drastically away from employers. In the process, pay restraint fell by the wayside, with compensation expected to be as much as 40% higher than in 1999. A leading headhunter says: ‘Banks were willing to pay a premium just to get someone on board. People of mediocre calibre were offered [...]

By anonymous, 2 January 2001 • 0 comments