Mergers & Acquisitions
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HSBC cashes in after its Omani acquisition
HSBC is cashing in on its recent acquisition of Oman International Bank. The recently merged HSBC Bank Oman reported a 4.3 per cent rise in second-quarter profit. Net income in the quarter ended June 31 stood at 7.2 million Omani rials, up from 6.9 million rials on the same period…
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