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Banks prove resistant to regional turmoil

Article Abstract:

Middle East banks are predicting a year of profitability due to the rising oil prices, economic growth, and strong foreign investments. A rapid increase is noted in retail banking and local stock markets, which will lead to further growth in the banking sector.

Author: Stewart, Jules

Publisher: Global Finance Joint Venture
Publication Name: Global Finance
Subject: Business
ISSN: 0896-4181
Year: 2004

Middle East, Economic aspects, Growth, Company growth

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Abbey deal may be tip of merger iceberg

Article Abstract:

Spain based Banco Santander recently acquired for Abbey, which is one of Britain's largest mortgage banks. The implications it has for cross border mergers in Europe are discussed.

Author: Stewart, Jules

Publisher: Global Finance Joint Venture
Publication Name: Global Finance
Subject: Business
ISSN: 0896-4181
Year: 2004

Acquisitions & mergers, Spain, Mergers, acquisitions and divestments, Company acquisition/merger, Acquisitions and mergers, Banco Santander S.A.

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Subjects list: Banking industry, Forecasts and trends, Market trend/market analysis

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