Cantor Fitzgerald hires ex-EFG banker to lead Middle East push: US investment bank Cantor Fitzgerald appointed our friend and former EFG Hermes equity capital markets head Ali Khalpey (LinkedIn) to lead its Middle East investment banking and capital markets business, Bloomberg reports, citing a staff memo it has seen. Khalpey, who starts in October and will be based in Abu Dhabi and Dubai, is tasked with building a 25-50 person team.

REMEMBER- Other investment banks looking to boost their regional presence include JPMorgan, currently planning to grow its staff by 100 across its Middle East operations.

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