Leading Swiss bank expanding to Dubai

Dubai: UBS AG, Switzerland's largest bank, said it is relocating six bankers to Dubai as part of plans to expand investment-banking operations in the Middle East.

Enrique Febrer-Bowen, managing director of UBS's equity capital markets group, and Simon Dowker, a director in the company's financial sponsors advisory business, are among bankers moving to Dubai, the Zurich-based lender said in an e-mailed statement on Tuesday.