Summary
NY-based Citi moved one of its top bankers to Dubai last month, while Standard Chartered of the UK opened the largest trading floor in the region at the Dubai International Financial Center, and Nomura, the leading Asia-based investment bank, was granted a license to open a securities business in Saudi Arabia. While capital markets in the region are growing and maturing, the move isn't coming fast enough to satisfy some companies.
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Extract
Bankers Rush in As Oil Wealth Rises
New York-based Citi moved one of its top bankers to Dubai last month, while Standard Chartered...
See the full content of this document
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