Bank Muscat buys HSBC Bank Oman's point of sale business
Bank Muscat has signed an agreement for the referral and transfer of the assets of the merchant acquiring (point of…
Mergers & Acquisitions
1364 articles found
National Bank of Bahrain, SIO Asset Management complete purchase of Bahrain Islamic Bank shares
National Bank of Bahrain and SIO Asset Management Company have announced that they have completed the purchase of…
Edwards Wildman teams up with M&A boutique for Turkey launch
US-firm Edwards Wildman is to open an office in Istanbul through an association with Turkish M&A firm Ismen, months after…
EFG Hermes and QInvest Confirm Expiration of JV Agreement
EFG Hermes and QInvest have announced that the long-stop date for the satisfaction of the conditions precedent for their joint…
Gulf expansion push buoys Middle East banking M&A
For years, Dubai's top bank Emirates NBD (ENBD) relied on its home base and cosy relationship with leading government-related entities…
Middle East banking M&A deals touch $7b in 2012
This was a result of six transactions in the period, even as the total number and value of global banking…
Hermes-Qinvest deal at risk
Egypt's largest investment bank, has released a statement saying its merger deal with the Qatari company Qinvest may not be…
Denizbank to buy Citibank consumer business in Turkey
Turkey's Denizbank , acquired last year by Russia's Sberbank, said on Thursday it had signed an agreement to buy Citibank's…
Bank Muscat bids for HSBC India branches
Bank Muscat, the Sultanate's biggest bank, is planning to acquire two branches of the erstwhile Oman International Bank in India,…
QNB takes over SocGen's Egyptian unit
Qatar National Bank (QNB) Group said it has completed the acquisition of a controlling stake of 97.12 per cent in…
Credit Suisse will buy Dubai wealth unit of Morgan Stanley
Switzerland's second-largest bank will buy Morgan Stanley's regional wealth management business in a deal expected to be finalised by the…
Russia’s Sberbank Said Sole Bidder for Citi’s Turkey Assets
Turkey’s Denizbank AS, owned by Russia’s OAO Sberbank, submitted the sole offer for Citigroup’s Turkish retail unit after rivals decided…