The future of investment banking in the GCC | The National:
"Investment banking in the UAE in particular and the GCC in general experienced an unprecedented jump in activity in the period 2003 through 2008.
After a couple of decades of basic boom-bust IPO activity, the explosion of business in the equity markets triggered a smaller but no less dramatic growth of investment banking that involved the deployment of investment banking teams in new standalone institutions, as well as branches of international banks and divisions in local commercial banks. The global financial crisis that was triggered in late 2008 ended the expansion era.
After six years in the doldrums, there are whispers about the rebirth of investment banking. The opportunities do indeed exist, but not where conventional wisdom is pointing."
'via Blog this'
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