Credit Suisse has unveiled plans to double staff numbers in India and isn’t the only bank upping staff numbers in the region - Swiss rival UBS is also looking to double its Indian headcount and the li ...
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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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Are investment banks really wielding the knife in as measured a manner as official data indicates? We've often discussed the disconnect between numbers stated in Wall Street layoff announcements, a ...
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The GCC is increasingly being viewed as a safe haven and a hub of opportunity for international investment firms, but could the bankers flocking to the region be twiddling their thumbs for the time be ...
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It may have achieved better than expected second quarter results (CNN), but they haven’t done much to dispel the crowd of caterwaulers baying for Citigroup to be broken into its constituent ...
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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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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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Paranoia is rife in the wake of mass redundancies at investment banks and now it seems a lot of bankers think a trip to the Canary Islands could see their jobs flutter away. Top executives 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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You snooze, you win – so says David Einhorn, the maverick head of US hedge fund Greenlight Capital. Einhorn is emerging as the world’s most notorious hedgie, after his recent lambasting of Leh ...
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As our research shows, the Middle East is strewn with examples of high-powered women who’ve climbed the career ladder. There’s Nahed Taher, co-founder of Gulf One in Saudi; Maha al-Ghunaim ...
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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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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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Yes there are jobs, but Dubai is also expensive and offers a lower standard of living than financial centres in Europe and the US. Is the Emirate therefore really the best place to be situated? ...
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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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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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Many a pundit has ascribed the economy's erstwhile run-up to enthusiastic consumer spending - and the recent downturn to the U.S. consumer's over-reliance on debt, particularly creative sub-prime mort ...
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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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As banks scrabble to meet their Emiratisation targets, wages for UAE nationals are going through the roof. Is this really fair? Inside the cosy freezone of the Dubai International Financial Centre, ...
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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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