06.05.2009 - What happened to UBS's Middle East expansion?
From Efinancialcareers-gulf.com: It's no secret that UBS has been letting go of legions of bankers in Western markets, but it has been waxing lyrical about expanding its Middle Eastern presence for some time now. So how many people has it hired in the region within the last year? Answer: six. Just to recap, in July last year having secured a licence to operate in Saudi, UBS said it intended to double the number of employees in the Gulf and make a move into Islamic finance.......Full Article: Source