Cleary Gottlieb Steen & Hamilton LLP opened an office in Abu Dhabi yesterday after receiving a license from the Abu Dhabi Executive Council. Partner Gamal Abouali, who was based in Paris, has relocated to Abu Dhabi to head the office.
Wall Street’s biggest lobbying group is split over a proposed settlement of state and federal foreclosure probes, after a committee of money managers signaled it opposes terms letting banks push some costs onto bondholders.
Nomura Holdings Inc., Japan’s biggest brokerage, hired top-rated Sanford C. Bernstein & Co. analyst Michael Nathanson as head of U.S. media and telecommunications equity research, according to a person familiar with the matter.
AllianceBernstein LP, the asset manager that’s struggling to end a wave of redemptions, hired Kurt Feuerman from hedge fund Caxton Associates LP as senior vice president and portfolio manager for U.S. stocks.