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HSBC Private Bank scaling down in MidEast

HSBC Private Bank scaling down in MidEast

HSBC, Europe's biggest lender, is significantly scaling down its private banking operations in the Middle East, two sources told Reuters, and HSBC said its top private banker in the region had been reassigned to London.

February 29, 2012 1:51
 
Egypt’s CIB says 2011 net profit fell 20 percent

Egypt’s CIB says 2011 net profit fell 20 percent

Commercial International Bank (CIB), Egypt's biggest private bank by assets, said on Wednesday its consolidated net profit fell 20.1 pct in 2011 as the economy slowed in the wake of Egypt's popular uprising.

February 23, 2012 10:27
 

Switzerland’s Julius Baer still seeking Bank Sarasin

Bidding for whole stake in private bank; Expects better second half for asset base

November 23, 2011 10:22