Deals
HSBC Bolsters Saudi Arabia Investment Banking Team to Tap Deals Boom
- HSBC names new heads for M&A and ECM in Saudi Arabia
- Banks have been beefing up their business in the kingdom
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HSBC Holdings Plc named new heads for two of its investment banking businesses in Saudi Arabia to bolster its position in a hot spot for deal activity.
Mehdi Benabdallah has been appointed as head of mergers and acquisitions in the kingdom while Ramez Halazun was named head of equity capital markets, according to an internal memo obtained by Bloomberg News.