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...It was a national champion,” he says....
...Most recently, in 2004, the 10-year-old Global Trust Bank collapsed due to exposure to an earlier stock market scam, and was absorbed by state-owned Oriental Bank of Commerce....
...flows could compromise national security....
...For all the hype, specialist challengers to the big banks are not so new. Early examples include Close Brothers and Arbuthnot Banking Group, which houses Secure Trust Bank, the retail lender....
...C Sarah Woolfenden has left Standard Chartered Bank where she managed the Middle East private banking team, to join Plurimi Wealth in London as head of wealth management....
...William Vereker, Nomura’s head of investment banking for Europe, Middle East and Africa, says: “The wave of consolidation in the utility sector in Europe through the decade was driven as much by a political...
...“It is so slow,” says Bongani Santos, 33, a member of the ruling African National Congress’s youth league in Thokoza. “People feel dissatisfied,” says William Gumede, a Johannesburg analyst....
...The bank has been looking to boost its undersized private equity business – which slipped to 13th position in the market for European private equity deals so far this year according to Thomson....
..., chief executive of the investment bank....
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