With money managers and investors shunning volatile stocks in the financial crisis, debt issues and restructuring have taken the lead in the Middle East financial markets, according to the Thomson Reuters investment banking league tables for the region launched today.
“Thomson Reuters has a long history of pioneering in the region since opening its office in Alexandria in 1865,” said Basil Moftah, Managing Director of Thomson Reuters, Middle East and Africa. “We are pleased to be launching these dedicated rankings in the Middle East. For the financial community, these well-respected league tables serve as an independent authority on the investment banking marketplace.”
Moftah was speaking as Thomson Reuters released the first in a new series of quarterly analytical reviews which examine the performance of the Middle East investment banking industry in the region’s debt and equity capital markets, both conventional and Islamic.
Also read:
Equity, M&A, loans tank across Mideast in '09
No comments:
Post a Comment