HSBC, through its subsidiary HSBC Holdings B.V., has purchased shares in Saudi British Bank which will increase its shareholding in the Saudi lender to 31% from 29.2%, the bank said on Tuesday.

HSBC Saudi Arabia is preparing for its next phase of growth to support its clients with a new office in the heart of Riyadh’s King Abdullah Financial District (KAFD), amid the increasing ...

HONG KONG -(MarketWatch)- HSBC Holdings PLC HBC said its Saudi Arabia wholesale and investment banking unit, HSBC Saudi Arabia, will be merged with SABB Securities Ltd., a wholly owned brokerage ...

HSBC declined to comment on how many such bankers it already employs in Saudi Arabia. The Britain-based bank in September appointed Faris AlGhannam as its chief executive officer in Saudi Arabia ...

HSBC, Europe’s biggest bank, has appointed deputy Saudi Arabia chief executive and chief operating officer Nabeel Shoaib as acting CEO, Paul Harris, HSBC’s Dubai-based spokesman said.

The HSBC group seeks to set up an ... exponentially," Gore-Booth said. "The new bank will focus on financing giant projects in Saudi Arabia, especially infrastructure projects in the water ...

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 ...

JEDDAH, 2 July 2007 -- HSBC Saudi Arabia has won the "Best Debt House" and Best Mergers & Acquisitions House" awards in Saudi Arabia -- two of the region's top banking honors at the annual Euromoney ...

DUBAI, Dec 1 (Reuters) - HSBC HSBA.L , through itssubsidiary HSBC Holdings B.V., has purchased shares in SaudiBritish Bank 1060.SE which will increase its shareholding inthe Saudi lender to 31% from ...

LONDON - HSBC is hiring dealmakers as "fast as it can" in Saudi Arabia to capitalise on a wave of financing activity in the country, the global head of its investment bank told Reuters.