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The boss of the Saudi National Bank abruptly resigned from his post Monday, just days after his critical comments about Credit Suisse sparked an industrywide panic that resulted in a forced rescue ...
The chairman of Saudi National Bank has quit days after his comments sparked chaos in Credit Suisse's stock. Ammar Al Khudairy said he is leaving "due to personal reasons" and will be replaced by ...
In the Saudi banking industry, the largest bank by assets is Saudi National Bank, which has suffered a more than $1bn loss since investing in Credit Suisse [File: Ahmed Yosri/Reuters] Published On ...
Credit Suisse Group AG’s largest shareholder, Saudi National Bank, will hold about a 0.5% stake in UBS Group AG once the Swiss lenders complete their merger. The Riyadh-based bank, which is 37% ...
Saudi National Bank, which is 37%-owned by Saudi Arabia’s sovereign wealth fund, acquired a 9.9% stake in Credit Suisse in October for $1.5 billion, making it an anchor investor in the bank’s ...
The chairman of Saudi National Bank has resigned for “personal reasons,” a regulatory filing said Monday, just after his comments on Credit Suisse sent that firm's stock cratering and ...
March 27 (UPI) --The Saudi National Bank chairman who set off alarm bells over troubled Swiss lender Credit Suisse resigned from his position Monday. The Saudi National Bank said in a statement to ...