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Rothschild Taps Argentina Crisis Veteran for Mideast Turnarounds
May 17 2021, 5:39 PM
May 17 2021, 12:27 PM
May 17 2021, 5:39 PM
(Bloomberg) Rothschild & Co. is set to hire a veteran of Argentinaâs financial crisis from Abu Dhabi Commercial Bank PJSC to help grow the boutique adviserâs debt and restructuring practice in the Middle East, according to people familiar with the matter.
(Bloomberg) Rothschild & Co. is set to hire a veteran of Argentinaâs financial crisis from Abu Dhabi Commercial Bank PJSC to help grow the boutique adviserâs debt and restructuring practice in the Middle East, according to people familiar with the matter.
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New Restructuring Era in Debt-Laden Gulf Sets Off Hiring Spree
Bloomberg 1/21/2021 Nicolas Parasie
(Bloomberg) The world’s biggest restructuring firms are boosting their presence in the Gulf region, anticipating a spate of turnaround work as companies succumb to the coronavirus pandemic after years of economic pain.
New York-based Alvarez & Marsal Inc., which worked on the Lehman Brothers Holdings Inc. bankruptcy, has already added three seasoned professionals to its Middle East team this year. The hires are part of an effort to expand to about 150 in the region over the next three to five years from just 10 in 2015, according to A&M’s head for the Middle East, Saeeda Jaffar.
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Lebanon to Ask Alvarez & Marsal to Continue Central Bank Audit Bloomberg 12/23/2020 Farah Elbahrawy © Bloomberg A man wheels a trolley past the headquarters of the Lebanese central bank in Beirut, Lebanon, on Wednesday, Oct. 23, 2019. Tens of thousands of Lebanese have flooded the streets nationwide in the past week, taking aim at the political elites they blame for entrenched corruption and worsening living conditions.
(Bloomberg) Lebanon will ask Alvarez & Marsal Inc. to continue its audit of institutions including the central bank after parliament approved the lifting of a banking secrecy law.
The audit will also include ministries, funds and public institutions, according to the official Twitter account of the Lebanese presidency. President Michel Aoun has said a forensic audit at the nation’s central bank has become a requirement for talks with the International Monetary Fund.
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