VOL. XXXII

NO. 16

23-JANUARY-1989

Financial and Banking News

REGIONAL BANKING

US Insider Trading Scandal Implicates Tamraz, Complicates AlmashrekCrisis

Mr. Roger Tamraz, who is at the center of a banking scandal in Lebanon overthe activities of Bank Almashrek and four smaller banks (MEES 16 January), hasbeen implicated in another scandal over allegations of insider trading in the USprior to the takeover last November of American National Can (ANC) by the Frenchstate-controlled Pechiney. According...