HSBC wins mandate on $100 billion Saudi Aramco IPO1 min read . Updated: 25 Apr 2017, 03:58 PM IST
HSBC is confident it can maintain dividend payouts in the foreseeable future and expects to exceed risk-weighted asset and cost-saving targets, says Stuart Gulliver
Hong Kong: HSBC Holdings Plc has been formally mandated as an adviser on the initial public offering of Saudi Arabia’s national oil giant Aramco, expected to be the world’s largest ever IPO, HSBC’s chief executive said on Monday.
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