GFH denies stake sale talks
Bahrain-based Gulf Finance House (GFH) has denied media reports that an investment authority owned by a Kuwaiti government entity had…
Mergers & Acquisitions
1364 articles found
France's biggest listed bank eyes sale of Egypt retail operations
BNP Paribas, France's biggest listed bank, is planning a sale of its retail banking operations in Egypt as the lender…
HSBC Bank welcomes new directors
With the dawn of a new era for banking in the Sultanate, HSBC Bank Oman SAOG hosted a celebratory dinner…
Bahrain Islamic banks to vote on key merger
Kuwait Finance House – Bahrain (KFH-Bahrain), Elaf Bank and Capital Management House, top Bahrain-based Islamic banks, said they will be…
EFG Hermes faces its own Arab Spring
It has been a difficult 12 months for EFG-Hermes, the leading Middle East investment bank, which now finds itself in…
Cross-border clout still denied to Islamic banks
Established in 2007, Dubai-based Noor Islamic Bank said it planned to become the world's largest Islamic lender within five years,…
Euromoney names Citi Best Investment Bank in the Middle East
Euromoney Magazine recently named Citi 'Best Investment Bank in the Middle East' for the period covering past twelve months. The…
Kenanga Investment-ECM Libra Investment merger makes sense
The proposed merger of the investment banking businesses of K&N Kenanga Holdings Bhd and ECM Libra Financial Group Bhd (ELFG)…
More foreign banks eye HSBC Pakistan operations
Some more foreign banks from Middle East and China are interested to buy operations of the Hong Kong Shanghai Banking…
QIIB mulling sale of its Islamic bank in Britain
Qatar International Islamic Bank (QIIB), parent company of Islamic Bank of Britain (IBB), is considering the sale of the UK’s…
Liechtenstein-based private bank builds Dubai presence
LGT Group, the Liechtenstein-based private bank, is setting up its operations in Dubai, three sources familiar with the matter said,…
HSBC gets formal approval for Oman merger, names board, CEO
Further to the announcement on 18 April 2012, the Ministry of Commerce & Industry in Oman has formally approved the…