Mergers & Acquisitions
Retail Banking
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Merged U.A.E. Banking Giant Seen Earning Bigger MSCI Weighting
A mega-merger of the two biggest banks in the United Arab Emirates should leave the combined company with a larger representation on the benchmark emerging-market index, triggering hundreds of millions of dollars of inflows to the stock, according to calculations by EFG-Hermes strategists. Thursday marks the last day of trading…
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Click here to read the full story: Bloomberg Quint