Middle East Economic Survey

VOL. XLVIII

No 39

26-September-2005

QATAR

HSBC Establishes Investment Banking Division In Qatar

HSBC has recently established a division of its corporate, investment banking and markets business in Qatar. The division is headed by the director of investment banking Kapil Chadda, who was recruited by HSBC from Bank of America in London. HSBC Qatars CEO Kevin Smorthwaite said that the groups main target industries will be gas, oil, and petrochemicals, as well as...