Investcorp acquires minority stake in top Swiss bank

The investment from Investcorp will provide PB with additional support to advance its growth strategy, enabling the bank to further broaden and enhance its commercial offering to clients, it stated.


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Credit Suisse applies for Saudi banking licence

“I have been to Riyadh, I met the head of SAMA [the Saudi Arabian Monetary Authority], I made the application myself,” Reuters quoted Thiam as saying in response to a query made during a news conference.