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Top Mideast lender may own majority of new bank with EFG-Hermes
EFG-Hermes Holding SAE said Qatar’s QInvest LLC may hold a majority stake in a planned investment bank that would take over the Egyptian bank’s brokerage, investment banking and asset management businesses. The investment bank would be the largest in “the Arab World, Africa, Turkey, South and South East Asia, with…
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Click here to read the full story: Bloomberg