Commercial
Middle East: Goldman Sachs hires workforce from rival banks, M&A activity surges to $125 billion
Goldman Sachs Group Inc. is hiring personnel from its rivals, HSBC Holding Plc and Citigroup Inc.,...
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South Korean 🇰🇷 banks aim for stable net interest margins in 2021
South Korean commercial banks are most probably going to witness a stabilization of their net interest...
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HSBC swells its wealth management trail in Asia by acquiring AXA Singapore 🇸🇬
HSBC Holdings has agreed to acquire 100% of the dispensed capital of AXA Singapore for $575...
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John Lewis to create 500 jobs to help fulfill its online orders
The John Lewis Partnership recently announced that it would create 500 jobs to help fulfill online...
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National Australia Bank to buy the local credit card business of Citi for $882 mln
National Australia Bank to buy the local consumer unit of Citigroup for $882.24 million. The American...
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Mubadala acquires 51% stake for $211 Mn in Brazil’s Renova
Mubadala Investment Company is a sovereign investor managing a wide variety of portfolios of investments and...
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A new framework agreement between The Saudi Export-Import Bank and the International Islamic Trade Finance Corporation to boost the economy
Yet another boost for Saudi to expand businesses with a new framework agreement between The Saudi...
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A move towards privatization makes the Indian Overseas Bank (IOB) the second most-valued listed public sector bank
Reaching a high market capitalization of more than INR 50,000 crore, the Indian Overseas Bank (IOB)...
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IFC ‘creates markets’ for growth in the financial sector in Africa and the Middle East
The International Finance Corporation is a subdivision of the World Bank that encourages companies in the...
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Bahraini Citizens to get urban housing with the joint venture – Al Salam Bank & Eskan Bank
Due to the surge in the real estate business, one of the top Bahraini banks Al...
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The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.
