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Report: Emirates NBD sells stake in Bank of Beirut

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Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory


Report: Emirates NBD sells stake in Bank of Beirut

Emirates NBD Bank PJSC sold its 7.56% stake in Bank of Beirut SAL for just under $29.3 million, The Daily Star reported, citing a Beirut Stock Exchange block trading report.

The sale price of $14 per share was lower than the list price of $25.50 per share, the report noted.