Mergers & Acquisitions
Regulation, Risk & Compliance
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UAE bank bailout points to restructuring, mergers
SMALLER banks in the United Arab Emirates are facing regulatory pressure to merge after the fallout from a property downturn forced the state to lead a bailout of Invest Bank last month. UAE has 50 commercial banks including 22 local lenders, a number seen as too high in a country…
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Click here to read the full story: The Business Times