Barrenjoey Opens Abu Dhabi Office as Australian Bank Expands (2)

Barrenjoey, an Australian investment bank, began offering fixed-income sales and trading services in Abu Dhabi in an expansion that marks the opening of its first overseas office.

The move will allow the Sydney-based firm to provide extended coverage during European and US trading hours, it said in a statement. It currently has about 10 people in Abu Dhabi, according to a spokesperson.

“The regulatory environment is comparable to Australia, which has enabled us to establish operations in a relatively short time frame,” Jacqui Byrnes, fixed income chief operating officer in Sydney, said in a statement Monday.

Barrenjoey, started ...