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Exchange house's retail offer was oversubscribed by around 44 times
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The takeover was hastily arranged by Swiss government to prevent global financial meltdown, following fears of contagion from collapse of banks in US
New chairman, acting CEO have been appointed, with all changes effective March 27
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They will collaborate on various emerging areas of the industry especially Central Bank Digital Currencies (CBDCs)
On Friday, Asian stocks were mostly higher in morning trade, tracking Wall Street's relief rally
The AGM discussed and approved all items on its agenda including the board of director’s recommendation to not distribute dividends
Khaled Al Hammadi to lead CBD's retail banking programme as general manager of Personal Banking Group; Sultan Al Mahmood to oversee all aspects of CBD Human Resources function
The initiative represents a significant investment in CBD's employees, fuelling their potential to drive change and shape the digital banking landscape
