MANAMA: National Bank of Bahrain (NBB) has launched a new financial restructuring division as part of an ongoing diversification and efforts to step up support for the local and regional markets.
Heading the new division as chief executive for financial restructuring is Bruce Wade, who will lead the initiative to fulfil a need for specialised financial restructuring advice for companies in Bahrain and the GCC markets with a primary focus on corporate clients in addition to selective commercial banking clients .