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HSBC Oman merger halted after suitOman has temporarily halted a merger between HSBC's operations in the country and Oman International Bank due to a lawsuit against the British lender, a source familiar with the matter said on Thursday. HSBC, Europe's biggest bank, said i More… |
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Oman backs merger of HSBC unit with OIBOman's central bank has approved the planned merger of HSBC Holdings' operations in the sultanate with local lender Oman International Bank, the central bank said on Sunday. Both HSBC and OIB said in October last year they were in ta More… |
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HSBC, Oman International Bank in merger talksBritish bank HSBC Holdings and Oman International Bank are in discussions for a potential merger of HSBC'S Oman operations with the Gulf lender, OIB said on Thursday, without giving any further details of how a deal could work. "Thes More… |
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Bank Dhofar told to pay $68m in OIB lawsuitOman's Bank Dhofar has been ordered to pay 26.1 million rials ($67.8 million) into an enforcement court's account in a lawsuit filed by rival Oman International Bank (OIB), Bank Dhofar said on Monday. The lawsuit related to a dispute betwe More… |
