VOL. XXXV
NO. 32
11-MAY-1992
Financial and Banking News
Regional Banking
Niscorp Loses License, but no Settlement Is in Sight for Creditors
National Investment and Securities Corporation (Niscorp), the failed AbuDhabi brokerage house, has been unable to renew its license to operate, with theresult that there is now almost no chance that the company will be rescued byoutside investors. A group of investors had previously expressed interest inbuying the company, but their main motivation was the...
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