Is he mad, bad or just recklessly confident? Few investment bankers would be as candid as Mehmet Dalman. "It worries me that things are going so well," says Dalman, Commerzbank's head of equities, who last month also took over fixed income. "We couldn't have planned that." "So it's a fluke?" "Well, yes." Dalman makes it clear he has little time for his commercial banking bosses. His real hero is John Meriwether, fallen angel of Salomon Brothers and Long-Term Capital Management.
Ennui turned to amusement as Dalman used enormous persuasive powers plus a generous portion of good looks and charm to attract experienced professionals jaded by the culture of huge investment banks and keen to make a fresh start at what he terms a "start-up operation". |