Dubai Group sells Turkey investment arm
Dubai Group has sold its Turkish insurance arm to a company owned by former AIG CEO Maurice "Hank" Greenberg and…
Mergers & Acquisitions
1364 articles found
Bahraini investment bank Seeks Property, Asset Management Acquisitions
Gulf Finance House EC, the Bahraini investment bank that in July reached a deal to restructure debt, said it’s…
Qatar National Bank picks JP Morgan for Egypt buy: sources
Qatar National Bank, the state lender seeking to boost its regional presence through acquisitions, has hired J.P. Morgan Chase to…
Israel's Harel to buy Eliahu's life insurance business
Israel's Harel Insurance Investments and Financial Services has agreed to buy the life and health insurance activities of Eliahu…
Omani investor bails out Bulgaria’s Investbank
The troubled lender, which saw its net loss more than double on an annual basis at the end of June…
SS&C Launches New Brand
SS&C Technologies has announced the launch of its new corporate brand, including a new logo and corporate slogan. As a…
Omani investor takes 25 pct in Bulgaria Investbank
Turkey’s Finansbank posted 429 million Turkish Liras in net profits for the first half of 2012. The bank’s total loans…
BNP Got ‘Signs of Interest’ for Egypt Unit, Decraene Tells Echos
BNP Paribas SA (BNP) got “several signs of interest” for its Egyptian consumer-banking unit, Les Echos reported, citing Stefaan Decraene,…
BNP to seek initial bids for Egyptian retail arm sale: sources
"BNP has a relatively small market share in Egypt but with good potential for growth. They are still examining…
Merrill sees no big move in Bahrain office
The management of Merrill Lynch in Bahrain, after the global wealth management firm gets acquired by top Swiss bank Julius…
Julius Baer confirms purchase of Merrill Lynch private bank outside US
Julius Baer has agreed, subject to the regulatory and shareholder approvals, to acquire Merrill Lynch’s International Wealth Management business (based…
Euro banking giant eyes MidEast opportunities
Santander, one of the world's biggest banking groups, is in talks to bring its financial services to the Middle East.…