Hedge Funds & Alternative Investments
Investment Banking
Retail Banking
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Cedrus expands to retail banking
Cedrus Bank announced Tuesday that it will raise its equity to $60 million after Cedrus Invest Bank completed the acquisition of Standard Chartered Bank in Lebanon. Cedrus Invest Bank is a Beirut-based wealth management provider and the majority shareholder in Cedrus Bank, with an 85 percent stake. The remaining 15…
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