HSBC’s steps to streamline its business by disposing of non-core global assets has gifted Taylor Wessing and Freshfields Bruckhaus Deringer with a significant Middle East mandate, as Arab Jordan Investment Bank (AJIB) acquires the international retail bank’s local assets.
Taylor Wessing’s City-based corporate partner Ronald Graham advised AJIB on the deal, which constitutes one of the biggest banking agreements that Jordan has ever seen, with support from local firm Dajani & Associates.