Nick Davies, formerly of Jefferies, has accepted a position working for Michel Bourgery at DVB Bank in its capital markets business.
Dahlman Rose announced the appointment of Elliot Etheredge as Managing Director and head of the firm’s Marine Transportation Investment Banking group. Previously, Mr. Etheredge was at JPMorgan.
That changed was evinced by the turn out of over 200 delegates for Marine Money’s 4th annual Gulf Ship Finance Forum. The delegates hailed from locally based business and from across the globe to talk about ship finance prospects in the Middle East. As many global banks struggle to meet their clients’ needs, many Gulf banks remain flush with the cash that continues to flow into the region. Interest has reached a peak, for both Shariah compliant and more traditional bank facilities. This gathering of experts in shipping and finance of the region was thus highly illuminating and instructive.