Saudi’s Biggest Bank Abandons Plan to Create $200 Billion Lender

Saudi’s Biggest Bank Abandons Plan to Create $200 Billion Lender

(Bloomberg) -Saudi Arabia's biggest lender scrapped plans to merge with a local rival following a year of talks that would have created a bank with $200 billion in assets. National Commercial Bank ended talks with smaller competitor Riyad Bank after the two sides couldn't agree on its valuation, according to a person with knowledge of [“¦]

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