Gulf gold rush: this is just the tip of the sand dune
The migration of financial talent to the Middle East is accelerating. Almost every day brings news of a top banker moving to Dubai or Bahrain, or a new financing deal or investment of mind-boggling size. Is this just a bubble blown by $140 oil? Not at all. You ain’t seen nothing yet.
Another week, another investment banking grandee heads to the Middle East.
On Monday it was the turn of Credit Suisse, which hired Jeffrey Culpepper from Merrill Lynch to run its Middle East and North Africa investment banking department.
Culpepper is in fact an old Middle East hand, having been
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