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Pecker is a key witness in the case against the former US president, who is accused of falsifying business records to cover up hush-money payment
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DIB may acquire bank in Turkey
DUBAI — Dubai Islamic Bank said it was considering buying a lender in Turkey or planning its own operations to tap growing demand for Shariah-compliant borrowing in the Middle East’s third-most populous Muslim nation.
Plans to acquire a lender were at the “talks stage” and could be concluded by the middle of next year, Saadat Muzaffar, head of international wealth management in the investment banking department at Dubai Islamic Bank, told Reuters.
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