Brent crude oil is likely to rise towards $125 a barrel if the West launches air strikes against Syria and could go even higher if the conflict spills over into the rest of the Middle East, Societe Generale said on Wednesday.
Societe Generale will launch a 1 billion ringgit ($300 million) Islamic bond programme in Malaysia, two sources familiar with the deal told Reuters, becoming the second major European bank to issue sukuk and the first to do so in Asia.
Qatar National Bank hopes to complete the purchase of Societe Generale's Egyptian unit in the next two months and won't be deterred by the currency crisis in the north African country, it said on Wednesday.
(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.)
Qatar has given Societe Generale an honourable exit from Egypt. State-backed Qatar National Bank will buy the French bank's 77 percent stak
Qatar National Bank (QNB), the state lender seeking to boost its regional presence through acquisitions, has hired JP Morgan Chase to advise on its planned buy of Societe Generale's Egyptian arm, three sources said.
SocGen is in ear
ADIC-UBS Infrastructure Investment, the newly formed joint venture between Abu Dhabi Investment Company and UBS Asset Management said it has appointed Vincent Gilles at its new chief investment officer.
The joint venture company is fo
The Dubai Financial Services Authority has granted Société Générale -- one of the largest financial services groups in the euro-zone-- licences to open two new branches in the Dubai International Financial Centre.
These two branches will