in

Saudi National Bank appoints chairman after Credit Suisse loss | Business and Economy News

SNB

[ad_1]

Decision made nearly two weeks after former chairman Ammar Al Khudairy said the kingdom’s biggest bank by assets would not buy more shares in Credit Suisse on regulatory grounds.

Saudi National Bank, the largest shareholder in Credit Suisse before the bank’s rescue this month, named a new chairman after the lender suffered significant losses on its investment.

CEO Saeed Mohammed Al Ghamdi…

[ad_2]

Written by bourbiza

skysports josh charnley rugby league 6100738

Super League: Team of the week from Round 6 of the 2023 regular season | Rugby League News

skysports breaking news story 5927130

Stuart Hogg: Scotland full-back to retire after 2023 Rugby World Cup | Rugby Union News