Leading global investment banks, including Credit Suisse AG, are cutting research staff in the Middle East to save costs amid tough global conditions and a dearth of work in the region.
TAIB Bank B.S.C. (c ) , a Bahrain based bank, was established in 1979 and is regulated by the Central Bank of Bahrain. It listed on the Bahrain Stock Exchange in 1994.
The Abu Dhabi Investment Authority, one of the world’s three largest sovereign wealth funds, is restructuring its external equities teams into two sections, one focused on indexed funds and the other on those that are actively managed.