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“Dubai is no longer a haven for investment bankers. When heads started to roll last year in London and New York, the joke used to be: ‘Shanghai, Mumbai, Dubai or Bye-Bye.’ Not anymore. Now, bloated investment banking teams sitting in some of the world's most expensive office space look set for a downsizing.”
To read the entire article:
Una Galani,
Dubai Loses Status as Haven for Bankers,
IHT, 27 October 2008.
Dr Geoff Pound
Image: Part of the range of Investment Banks.