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Wealth and Asset Management
Top Mideast bank pursues Denizbank after HSBC's withdrawal
Qatar National Bank SAQ (QNBK) is the last serious bidder for Turkey’s Denizbank AS (DENIZ) after the withdrawal of HSBC Holdings Plc (HSBA) and OAO Sberbank (SBER), people familiar with the process said, underscoring the difficulty banks face offloading businesses amid Europe’s sovereign debt crisis. QNB remains interested in Denizbank,…
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Click here to read the full story: Bloomberg