GLOBAL FINANCIAL POWER BASE CONTINUES TO SHIFT
From Marketwatch today,NEW YORK (MarketWatch) —- Banking giant Citigroup is increasing its foothold in the cash-rich Middle East after announcing Wednesday that it will move it global co-head of investment banking to Dubai.The big push has started and should continue to focus more and more on these emerging markets. Wall Street perceives this as one of the main ways to overcome the growth concerns recently encountered.The problem — Many of the jobs and support staff to function in this growing and profitable market will not be in the U.S. This is the new financial landscape.
3 years ago • Notes