Financial and Banking News
BCCI - now for the hard Part
The move by Abu Dhabi's ruling family to inject $400mn of fresh capital intoBank of Credit and Commerce International (BCCI) Holdings and buy the 20%stake in the bank previously held by Saudi Arabia's Bin Mahfouz family hassecured the bank's short-term financial position and removed some of thespeculation about its future ownership. But the emergence of a single dominantshareholder with a 77%...
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