VOL. XXXII
NO. 30
1-MAY-1989
FINANCIAL AND BANKING NEWS
REGIONAL BANKING
Another Lebanese Bank in Paris Is Illiquid
United Banking Corporation (UBC), a tiny Lebanese bank in Paris owned by theKairouz family, has been implicated in a local money laundering scandal and,following liquidity problems at the bank, the Banque de France (central bank)has appointed an administrator to manage its affairs temporarily. The man chosenfor the job, Mr. Jean Durame, was previously the Banque de France's appointee...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!