Financial Results
Investment Banking
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EFG Hermes Posts $48m Net Loss
Egypt’s largest investment bank, EFG Hermes has revealed a net loss for 2013, a direct result of increased one-off charges on investments and acquisitions during the period in review. EFG Hermes posted a loss of $48 million for the year end 2013, compared to a $30.3 million profit made the…
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