Topic - Banking
QInvest and EFG Hermes join forces
Qatari and Egyptian institutions form joint venture.
Oman banking outlook stable
Moody's points to oil price and government spending as buoying lending growth.
Vakifbank takes to capital markets
Turkish bank announces syndicated loan and mandates banks for bond.
Mizuho makes fixed-income appointments
Bank bolsters division with hires from State Street and Barclays Capital.
Eurobank EFG sells Turkish business
Deal with Kuwait’s Burgan Bank will shore up vendor’s tier 1 capital ratio.
Flockhart retires from HSBC exec role
Banker steps down after 37 years working across every country in which the bank operates.
Crunch time for Saudi project finance
Saudi banks are rolling in riyals. That might not be enough to plug the hole left by retrenching European lenders.
Saudi Arabia has a vast amount of infrastructure development underway, and as more projects join the pipeline, the question of who pays for them becomes more pressing.
Historically, Western banks have picked up the bill. If some now lessen local lending to shore up their own balance sheets, Saudi banks may be ill-equipped to replace them.
Troika hires three in investment bank
Russian bank appoints former Citi, RBS and Credit Suisse directors.
SocGen makes business line reshuffle
Investment bank bolsters executive committee and reorganises various divisions.
HSBC to buy Lloyds' UAE banks
Deal for 8,800-customer business grows HSBC’s emirates operation.
Decision time for banks, says report
Morgan Stanley and Oliver Wyman claim markets have underestimated scale of change in investment banking.
