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The head of financial institutions capital markets EMEA at Royal Bank of Scotland has left the bank, GlobalCapital understands.
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BNP Paribas’ Frank Kwong has moved to the bank’s Tokyo office to joining Kenichi Osawa as co head of debt syndicate Japan. -
Dubai’s government will consider setting up the world’s first fully Shariah compliant export and import bank, as it looks to boost trade in and out of the United Arab Emirates.
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Sberbank CIB has hired Peter McNulty from RAE Capital to become global markets international projects MD. He will be based in Moscow and report to Jonathan Lester, head of business management and development, global markets.
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Pakistani commercial bank, MCB has started the due diligence process for its purchase of a majority stake in smaller Islamic peer, Burj Bank, as it looks to build an Islamic banking subsidiary.
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Oman’s central bank plans to establish a national Shariah board which will oversee Islamic banks and financial institutions by the beginning of next year at the latest, according to a senior official.
