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C.Suisse banker to run Qatar's investment bankQInvest, a Doha-based investment bank, has appointed Michael Katounas, previously with Swiss lender Credit Suisse, to run its investment banking division, QInvest said in a statement on Saturday. More… |
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Credit Suisse acquires Morgan Stanley unitCredit Suisse has signed an agreement to acquire Morgan Stanley’s wealth management businesses in Europe, Middle East and Africa (EMEA), excluding Switzerland. The businesses with a More… |
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C.Suisse's Qatar investment head quitsCredit Suisse's top investment banker for Qatar has resigned, three banking sources said, in a move that comes as the Swiss bank tries to bolster operations in the Gulf state, home to its second-largest shareholder. Rami Touma More… |
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C. Suisse in new venture with QatarCredit Suisse Group has set up an asset management venture with key shareholder and sovereign wealth fund arm Qatar Holding, the Swiss banking group said on Tuesday. The new venture, named Avent More… |
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Job axe falls on ME investment bankersBig US and European banks are cutting investment banking jobs in the Middle East as the promise of emerging markets is overshadowed by a need to slash costs and a dearth of deal activity. Institutions including Deutsche Bank, Cred More… |
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Credit Suisse trims Dubai team, ships jobs to QatarCredit Suisse is trimming its investment banking team in Dubai and relocating some jobs to neighbouring Qatar, three sources said, as part of efforts to cut costs and focus on richer markets. Switzerland's second-biggest bank More… |
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Saudi banks to deliver solid earnings growthSaudi banks are set to deliver double-digit earnings growth for the next three years, owing to higher credit volumes and cost of risk leverage, which could accelerate further should monetary policy tighten, according to a new study. More… |
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CS, Barclays shareholders revolt over pay plansMore than a quarter of shareholders at Credit Suisse and Barclays voted down the banks' pay plans yesterday, in a sign of investors catching up with popular outrage over bankers' pay. Such stark rejections are rare, with the average vote a More… |
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Credit Suisse advising QFIB on Doha listingSwiss lender Credit Suisse is advising Qatar First Investment Bank (QFIB), a private equity firm, on a listing of all of its shares on the Doha bourse, two bankers with knowledge of the deal told Reuters on Sunday. More… |
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Qatar fund buys Credit Suisse London HQQatar's sovereign wealth fund Qatar Investment Authority (QIA) said it had completed the acquisition of Credit Suisse's headquarters in London and leased it back to the bank. The 546,114 square-feet building at One Cabot Square in More… |
