Goldman Sachs signs MOU with NCB

NCB is the largest bank in both Saudi Arabia and the Middle East and Goldman is now aiming to build and expand its franchise across the region. Goldman will be working with NCB across a number of areas, including investment management, sales and trading, investment banking and principal investing, says Goldman’s New York-based chairman, Lloyd Blankfein.

“Combined with our presence in Dubai, Saudi Arabia represents an important pillar of our strategy to establish a strong, wide-ranging busine

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