Celebrating Juno’s arrival on Jupiter. A five year journey comes to its planned end this coming Tuesday. As Juno prepares for Jupiter Orbital Insertion (JOI), the sequence of event and planning required to get Juno to this point is worthy of a risk management case
Brexit reference for dummies. European Union – a brief history The European Union, previously known as the European Commission and before that as the European Economic Community was formed after World War II in 1957 with the objective of providing support for economies of its
Dubai Training – Power Workshops Announcing three new Dubai training workshops (Instructor led) in our brand new Power workshop series. Planned dates are last week of July. Three in demand topics. Three days. For Treasury, Finance, Risk, Compliance and Internal Audit team members and audiences
Bank consolidation and M&A drivers It is that time of the year again within the banking industry in the Middle East. The move for bank consolidation and the need to roll out and brush the dust off our bank M&A models. Like every other industry
A year’s worth of shoes There was a new message waiting for me on Linkedin. It said: I had never met Mujtaba Kadri before. Other than our common Linkedin ancestry, there was no bond or overlap till this May in our lives. It was a
Valuation Multiples – In class assignment with model solution. In our previous post on Valuation Multiples we spoke about the intuition and linkages between multiples, growth, return on equity and cost of equity (read: opportunity cost). For example and context we examined in the recent
Bank Valuation case study. DIB’s acquisition of Tamweel. Dubai Islamic Bank’s (DIB) acquisition of Tamweel PJSC serves as our second case study for the upcoming Bank valuation course. The case study serves as a basis for discussion for the acquisition of a single product business
Bank Valuation course. EBI NBD merger case study The Emirates Bank International and National Bank of Dubai (EBI-NBD) transaction serves as our primary case study for the upcoming Bank valuation course. Two large banks merge to create the 4th largest bank in the region. Looking
Valuation models – where do valuation multiples come from? In the valuation models world, transactions are frequently quoted in terms of valuation multiples. The most commonly used multiples break down transaction price in book value per share or earnings per share. For instance review the
FAS 157 Fair value liabilities disclosure. Term B loans, credit lines, revolvers and LCs. Fair values of highly customized and ill-liquid credit instruments like institutional Term B loans, credit lines, revolving credit facilities, letters of credit, etc., are determined using assumptions and inputs that are