VOL. XXXVI

NO. 10

7-DECEMBER-1992

Financial and Banking News

REGIONAL BANKING

Warburgs to Take Over Management of National Bank of Kuwait's InvestmentManagement Arm

Warburgs, the UK merchant bank, is to take a 40% stake in NBK InvestmentManagement (NBK IM), the London-based fund management subsidiary of NationalBank of Kuwait (NBK). An executive from Warburg Asset Management will beseconded to NBK IM as chief executive officer, and several other Warburgs staffwill also move to NBK IM, replacing...