Investment Banking
Mergers & Acquisitions
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HSBC to Cement Lead in Saudi Arabia With $5 Billion Bank Merger
HSBC Holdings Plc is set to reaffirm its position in Saudi Arabia with the takeover of Royal Bank of Scotland Group Plc’s local venture as lenders bet on the kingdom’s ambitious plans to transform its economy. In the country’s first bank merger in almost 20 years, HSBC affiliate Saudi British…
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Click here to read the full story: Bloomberg