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Bank deleveraging has barely started

Bank deleveraging has barely started

Banks lending money to governments to help fund bank bailouts looks horribly circular

Abigail Hofman:

Abigail Hofman:

I wonder if ______ is an extremely optimistic person or in a cocoon of senior management denial

August 2008

Middle East research poll: Economics





Middle East research poll: Boom attracts big research players
Most convincing and coherent strategy Equity research
Credit Economics
Strategy Methodology

2008 2007 Bank Score
1 1 EFG Hermes Simon Kitchen 604
2 4 Shuaa Capital 455
3 2 Global Investment House 435
4 7= HSBC Saudi Arabia 355
5 5 Merrill Lynch 232
6 3 Deutsche Bank 211
7 NCB Capital 188
8 Kuwait Financial Centre ‘Markaz’ 181
9 7= Citigroup 163
10 Nomura Bahrain 148


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Yes, it takes a lot of time to get it approved by those... what do you call them? Rabbis? Well, obviously not rabbis, but you know what I mean

A banker talks about his firm’s achievements in Islamic finance. -Awards for Excellence 2008 Off the record special

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