Thursday, June 21, 2007

Goldman leads in record year for Gulf M&A-survey

(Reuters) - Citigroup Inc. , the largest U.S. bank, was second with
almost 27 percent followed by Lehman Brother Holdings Inc.
with just over 22 percent. UBS was the top
European bank on the list, in fourth place with 17.5 percent.




Foreign banks have been scrambling to cash in on a surge in
M&A spending by investors in the world's top oil exporting
region, who are scouring the globe to invest windfall revenues
from a tripling in international oil prices since 2001.


Read more at Reuters.com Mergers News

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