Khobar – Saudi Arabia will raise $8 billion (SAR30 billion) in its first global Islamic bond issue, with an order book from investors in excess of $33 billion (SAR123 billion). The government is selling the five-year sukuk tranche at 100 basis points over the...
Washington, Reuters—An official at the US Securities and Exchange Commission broke ranks with other commissioners and voted against granting BNP Paribas a waiver to continue operating several investment advisory units in the United States. Kara Stein, a Democratic SEC...
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