UBS unveiled plans on Tuesday to wind down its fixed income business and fire 10,000 bankers, as it adapts to tougher capital rules that make it more difficult for investment banks to turn a profit since the financial crisis.
Falcon Private Bank, a Swiss wealth management boutique owned by Abu Dhabi-based Aabar Investments, has launched new fixed income funds with focus on investors from the Mena and South South-East Asia region.
The Falcon Menasa-focused fixed
Abu Dhabi-owned fund Mubadala will kick off a global fixed income roadshow in London on April 6, a source at one of the arranging banks said on Monday.
Barclays Capital, HSBC, National Bank of Abu Dhabi, Societe Generale CIB and Standard C
Nomura, the global investment bank, has announced four new senior appointments to its Middle East and Africa (MEA) Fixed Income team.
The addition of Ramin Shayesteh, Kevin Cummings, Bashar Al Damiri and Amin Kirdar strengthens Nomura’s fo
The National Bank of Abu Dhabi (NBAD) has appointed Mark Watts as the new head of Fixed Income as part of its plans to strengthen the Asset Management Group’s (AMG) team.
Before joining NBAD's asset management group, Watts worked at Europe
Dubai is launching meetings from Thursday to test appetite for future debt from the emirate after one of its most troubled state-linked firms paid off $1.2 billion in debt, a sign confidence is returning to the emirate.
Dubai propelled its