Summary
HSBC Holdings PLC is intensifying efforts to mend ties with Qatar after diverting its attention from the gas-rich Gulf state that's been isolated by a regional standoff to chase a fee windfall in Saudi Arabia.
Representatives for HSBC and the QIA declined to comment.
HSBC is among global banks seeking to improve relations with Qatar 2 1/2 half years after Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut ties with Doha.
In Saudi Arabia, HSBC is one of the most active international investment banks through its local unit HSBC Saudi Arabia Ltd., in which the London-based lender owns a 49 percent stake.
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