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JPMorgan to sell stake in Saudi Arabia bank for $203m
JPMorgan Chase & Co plans to sell its stake in Saudi Investment Bank back to the Riyadh-based lender at a 24 per cent discount as it exits non-core holdings globally. Saudi Investment Bank signed an agreement to buy the 7.5 per cent stake, which JPMorgan held for more than 40…
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Click here to read the full story: Gulf News