Mergers & Acquisitions
Retail Banking
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HSBC receives Central Bank approval for onshore assets of Lloyds TSB Middle East acquisition
HSBC Bank Middle East Limited has received the UAE Central Bank's approval for its acquisition of Lloyds Banking Group's (Lloyds TSB Middle East) onshore assets and liabilities, comprising of its retail, commercial and corporate banking business in the UAE. HSBC opened the doors of its new Jumeirah branch on Al…
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Source: HSBC