Second Life Bankers Thrive in Dubai as Boutiques Boost Fees - Bloomberg:
"After two decades as an investment banker at Goldman Sachs Inc. (GS) and Bank of America Corp. (BAC), Ziad Awad figured he could do more deals striking out on his own.
“Banks were facing constraints such as the increased cost of capital and reduced risk appetite,” Awad, head of Boardroom Metrics Arabia and founder of merger and acquisition firm Awad Advisory, said by phone. “Banks wanted to do fewer but bigger deals at a higher fee, while I wanted to do more and more.”"
'via Blog this'
No comments:
Post a Comment