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Wealth and Asset Management
Local, global trends boost Gulf banks as foreign rivals retrench
When British banker Michael Tomalin took the top job at National Bank of Abu Dhabi in 1999, the lender had about $9 billion in assets – tiny by global standards – and its operations were largely confined to the oil-rich emirate of Abu Dhabi. Today, NBAD NBAD.AD has a presence…
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Click here to read the full story: Reuters