Qatar Helps StanChart Dethrone HSBC as Gulf's Top Bond Manager - Bloomberg:
Standard Chartered Plc replaced HSBC Holdings Plc as the top manager for bonds and sukuk in the Gulf region this year.
HSBC lost out after not doing a single deal in Qatar since June 2017, when Saudi Arabia and other Gulf Cooperation Council states imposed a diplomatic embargo on their neighbor. Fellow British lender Standard Chartered continued to manage bonds in both countries -- leapfrogging its rival in the process.
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