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Executive Moves Mergers & Acquisitions Uncategorized

HSBC gets formal approval for Oman merger, names board, CEO

June 4, 2012

By News Team

Further to the announcement on 18 April 2012, the Ministry of Commerce & Industry in Oman has formally approved the merger of Oman International Bank SAOG and the Oman operations of HSBC Bank Middle East Limited. HSBC Bank Middle East Limitedis an indirect wholly owned subsidiary of HSBC Holdings plc….

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Source: HSBC Holdings

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