Financial and Banking News

REGIONAL BANKING

CAII Changes Name to BAII Holdings 

The Luxembourg-based Compagnie Arabe et Internationale d'Investissement (CAII), the holding bank for the BAII group, which has banks in Paris, London and Bahrain as well as investment arms in Nassau and Jersey, last week announced that it has changed its name to BAII Holdings. The Chairman of BAII Holdings remains Mr. 'Abd al-Latif al- Hamad, and its chief executive is Mr. Yves Lamarche. Mr....