Credit Suisse, UBS Said to Work With Abu Dhabi Banks on Merger - Bloomberg

Credit Suisse, UBS Said to Work With Abu Dhabi Banks on Merger - Bloomberg:

"Credit Suisse Group AG and UBS Group AG, which have scaled back from the Gulf since the financial crisis, are advising on the potential merger of Abu Dhabi’s two largest banks, according to people with knowledge of the matter.
Credit Suisse is advising National Bank of Abu Dhabi PJSC on the combination while UBS is working with First Gulf Bank PJSC, said the people, asking not to be identified because the information is private. Credit Suisse, NBAD and FGB declined to comment, while a spokesman for UBS was not immediately available for comment."



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