Jun 06 2012
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HSBC Completes Merger Of Oman International Bank
Wednesday, Jun 06, 2012
LONDON--Global banking company HSBC Holdings PLC (HSBA.LN) Wednesday said it has completed the merger of Oman International Bank SAOG with Oman operations of HSBC Bank Middle East Limited following the approval from the Oman Ministry of Commerce & Industry.
-Ewan Stirling has been appointed Chief Executive Officer of the combined entity.
-Shares of HSBC Holdings on Friday closed at 503.2 pence.
(END) Dow Jones Newswires
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