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CIMB Beats HSBC as Top Sukuk Underwriter

Thu, 2010-12-23 12:04 — newsdesk

CIMB Group Holdings Bhd. is seeking to boost its business in the Persian Gulf to fight off HSBC Holdings Plc’s challenge to its dominance.
CIMB’s only Persian Gulf deal this year was a $125 million sale in October for a unit of Saudi Arabia’s Islamic Development Bank.

Source: 

http://www.businessweek.com/news/2010-12-23/cimb-beats-hsbc-as-top-sukuk...