Bloomberg writes: After a decade of dealmaking at Morgan
Stanley in the Middle East, Peter Fort swapped Dubai ’s
International Financial Centre for a career promoting investment into one of
the United Arab Emirates ’
lesser-known sheikhdoms.
Fort, 40, is among a rising number of Persian Gulf expat
bankers starting second careers with U.A.E. firms as lenders based in London , New York and Zurich scale back under
pressure to boost capital buffers and profit margins. The 10 biggest investment
banks, including JPMorgan Chase, Deutsche Bank AG and Citi have lost about 11,000 front-office staff in
the past two years, analytics firm Coalition said last month….
No comments:
Post a Comment