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NBAD to open Swiss unit
- United Arab Emirates: Tuesday, May 01 - 2007 at 07:20
National Bank of Abu Dhabi is investing about $83m to set up a new private banking unit in Switzerland, Bloomberg reported. The unit will target the business of the region's growing number of millionaires. It will begin operations by the middle of 2007, CEO Michael Tomalin told the news agency.
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James McInerney, News EditorTuesday, May 01 - 2007 at 07:20 UAE local time (GMT+4)
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This article was updated on Sat May 26 2007.
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