Mergers & Acquisitions
Retail Banking
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Saudi's Alawwal Bank picks JPMorgan to advise on merger -sources
Saudi Arabian lender Alawwal Bank 1040.SE, 40 percent owned by Royal Bank of Scotland , has picked JPMorgan to advise it on a proposed merger with Saudi British Bank 1060.SE, sources familiar with the matter told Reuters on Monday. Senior management of SABB and Alawwal held talks with advisers on…
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Click here to read the full story: Reuters