01.11.2010 - Egoism hampers M&As among Islamic banks
From Emirates247.com: Egoism and management issues are hampering mergers and acquisitions among Islamic bank and central banks need to tighten up the M&A regulations for the consolidation of the sector, according to a top Islamic banker. London-based BMB Islamic’s Chief Executive Humayon Dar said mergers of Islamic bank is problematic from management viewpoint. “For example, in Malaysia I’m advising on Hong Leong Islamic Bank and it is taking over EON Capital...........................................Full Article: Source
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