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Riyad Bank selects Goldman to advise on merger talks with NCB

Saudi Arabia's Riyad Bank has chosen Goldman Sachs to advise on its merger talks with NCB. Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF) and the Government are major shareholders in both banks. Goldman also advised Saudi British Bank, which signed a deal to merge with Alawwal Bank…

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Click here to read the full story: Islamic Business and Finance

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