11/04/2012

UBS Appoints New Investment Bank Team

UBS has appointed a handful of bankers to run its retooled investment bank, days after the Swiss bank announced a sweeping overhaul that will sharply decrease the risk and size of the division.

11/01/2012

Bain boosts ME group

De Mol joined the firm in 2002 and has worked in several offices, including Brussels, New York and Boston, before relocating to the Dubai office in 2009.

10/30/2012

Edelman Launches In Turkey

Chris Dobson, Edelman MD of strategic and emerging markets in EMEA, said the firm's move into Turkey was driven by increasing demand from clients.

10/21/2012

Credit Suisse, UBS could cut a total 7,000 jobs

UBS is to cut 3,000-5,000 jobs as part of cost-saving measures to offset falling profit, while rival Swiss bank Credit Suisse may announce 1,000-2,000 cuts, Der Sonntag newspaper reported.

10/18/2012

Barclays to Cut Europe Equity Jobs in Cost Reduction Plan

Barclays is cutting just under 10 percent of staff in its equities division in Europe, Middle East and Africa as part of a plan to reduce costs amid a slump in trading volumes, said people with knowledge of the matter.

10/15/2012

Dubai World Tribunal gets new judge

The appointment of Sir David Steel will help to ensure the efficient adjudication of disputes related to the settlement of the financial position of Dubai World and its subsidiaries.

10/14/2012

BofA names MENA investment banking co-heads

"This is a very smart move. Integrating the corporate and investment bank will help BofA to leverage its balance sheet and grab more business opportunities in emerging markets," a banking source familiar with the matter said.