Saudis Seek Advisers for Major Bank Merger
National Commercial Bank and Riyad Bank are seeking advisers for a potential merger that would create the Gulf region’s third-biggest lender with $182 billion in assets, according to people with knowledge of the matter. The banks have sent out so-called request for proposals to firms including Citigroup Inc., Credit Suisse…
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Click here to read the full story: Businessweek Middle East