Remove 2009 Remove DCF Remove Middle Market
article thumbnail

Investment Banking in Dubai: The New York of the Middle East?

Mergers and Inquisitions

For example, total deal activity held up better than in other places in 2008, but it fell substantially in 2009, following the rest of the world. Among the other banks, HSBC usually makes a strong showing, most middle-market banks are barely present, and the other elite boutiques (Evercore, Lazard, etc.) are much less active.