With the bloodbath in western markets, many bankers are being redeployed to the Gulf. Should they be holding their heads or grasping the nettle? As all about them lose their head(counts) in the W ...
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What with tax-free salaries and fierce competition for talent, the GCC is fast becoming a location of choice for Western bankers. But pay is fast being eroded by spiralling inflation. Should banks in ...
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Too much experience can be a career-killer, especially in today's hyper-competitive job market. So is it legitimate to delete your first job or three, in hopes of erasing some telltale age-lines from ...
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Is the world’s love affair with Macquarie Group about to come to a bitter and twisted end? The pin-up boy of Aussie finance, which is currently on a hiring spree in the US and Europe, seems t ...
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Fuld has ditched his CFO and COO, but should he himself follow in the footsteps of Stan O’Neal, Chuck Prince, Marcel Ospel, Mark Litzler and Wachovia’s Ken Thompson? At the very least, Di ...
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When a government has to step in to nationalise one ailing bank, it’s big news. When a government steps in to nationalise two ailing banks, it’s even bigger news. But when a government tries to splash ...
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If Meredith Whitney’s right, Citi’s going to the dogs no matter how hard Vikram Pandit tries to bed it down amongst the roses. Whitney says Pandit faces an “impossible feat” in turning Ci ...
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Forget ‘Shanghai, Dubai, or goodbye’. Is a move to an emerging market really a one-way bet for your career? Banks are busy transferring as many staff as possible away from the stagnant centres ...
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They’ve lost tens of billions of pounds pouring money into the likes of UBS, Citigroup and Merrill Lynch, and they’re still back for more. Barclays is said to be close to raising £4bn from un ...
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The Financial Times says Alastair Darling and Mervyn King are at odds over who should be the next deputy governor of the Bank of England. Darling’s said to want someone with a Cit ...
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Western universities are teaming up with Middle Eastern institutions in a bid to attract more financial services professionals to the region. Students from the Middle East have long used the repu ...
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Expat workers in Dubai are becoming prohibitively expensive, according to Mercer Human Resource Consulting. No wonder companies want to employ locals instead. Mercer's report shows that average s ...
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The GCC’s financial centres are vying with one another for a limited pool of talent, so where would you rather work? The benefits of each, as far as we can see, are: Bahrain – the traditi ...
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Terrorists have so far largely left the United Arab Emirates alone, but this may be about to change. The British Government has shattered the perception that the region is immune to terrorism ...
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There’s no shortage of Western bankers in Dubai. But culturally, are Arabs and Westerners planets apart? Maybe – Kwintessential, a consultancy which specializes in such things, says Arabs ten ...
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Dick Fuld may be widely seen as an ogre guilty of hubris and ineptitude, but some people are coming out on his side. The argument in favour of Fuld goes a little like this….There was no need f ...
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What’s worse for your career (and your ego) – being thrown on the redundancy scrapheap, or having your salary slashed by a quarter? That was the dilemma faced by CLSA staff who were told to ta ...
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Think that American investment banking is just one big bloodbath of job cuts, hiring freezes and plummeting bonuses? Barclays begs to disagree. Barclays Capital, the British firm’s i-banking a ...
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As the global jobs bloodbath continues to claim more victims, how far would you go to get back into a bank? You could try taking tips from Joshua Persky, a recently redundant Wall Street banke ...
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Salaries might be on an upward trajectory, but a flailing dollar and spiralling cost of living means life is expensive for many bankers, particularly at a junior level. Job-hopping and a scarc ...
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