article thumbnail

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

Mergers and Inquisitions

bulge-bracket banks , such as JPM, GS, MS, and Citi, always rank well in the league tables. The other bulge brackets (BofA, Barclays, UBS, and DB) tend to rank lower, but this varies each year. Investment Banking in Dubai: The Top Banks The usual U.S. are much less active. standards (i.e.,

article thumbnail

Challenges for the buy-side and research providers become a reality as SEC allows ‘no-action’ research letter to lapse

The TRADE

Following the implementation of Mifid II in 2018, Europe unbundled trading and research, resulting in all asset managers having to pay for research in cash only. A solution that some bulge bracket firms have opted for. Solutions will depend on who you are, where your offices are and where your clients are located. “If

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The 20 greatest trading innovations

The TRADE

Usually hosted by bulge bracket banks, SIs are an internalising mechanism that allow banks to execute flow over the counter or off exchange. The quasi-dark venues properly took off in 2018 with the introduction of Mifid II and greater restrictions on dark trading.

Trading 120
article thumbnail

Cooley’s 2023 Tech M&A Year in Review: An AI-Generated Glass Half Full

Cooley M&A

As a result, private debt providers and the syndicated market increasingly are competing on pricing and covenant packages to win new acquisition financing mandates, and many bulge bracket banks are sponsoring their own private debt funds. Still, average leverage levels in sponsor buyouts declined from 7.1x in 2022 to 5.9x

M&A 59