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HSBC Cedes Top Spot to First Gulf as Loans Go Local
HSBC Holdings Plc (HSBA) is no longer the leading bank for syndicated loans in the United Arab Emirates, with local lenders bumping larger international rivals from the top ranks for the first time in at least 12 years. First Gulf Bank (FGB) removed the London-based lender from the number one…
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Click here to read the full story: Bloomberg