Ammar Al Khudairy, the chairman of Saudi National Bank has reportedly resigned and will be replaced by the bank’s chief executive officer, Saeed Mohammed Al...
Ammar Al Khudairy, the chairman of Saudi National Bank SA:1180 , has reportedly resigned and will be replaced by the bank’s chief executive officer, Saeed Mohammed Al Ghamdi, Bloomberg reported on Monday. Comments from Al Khudairy sparked a selloff in Credit Suisse stock and wider stress across global financial markets a little over two weeks ago when he said his bank — the biggest shareholder in the Swiss lender — would not buy any more shares due to regulatory limitations.
... Ammar Al Khudairy, the chairman of Saudi National Bank 1180 , has reportedly resigned and will be replaced by the bank’s chief executive officer, Saeed Mohammed Al Ghamdi, Bloomberg reported on Monday. Comments from Al Khudairy sparked a selloff in Credit Suisse stock and wider stress across global financial markets a little over two weeks ago when he said his bank — the biggest shareholder in the Swiss lender — would not buy any more shares due to regulatory limitations.
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