Barclays’ Azar Sees Pick-Up in Middle East M&A, Fee Income

Middle East merger and acquisition deals will probably rise in the next year as sovereign wealth funds look for ways to spend cash from oil sales and regional companies seek expansion, a Barclays Plc (BARC) executive said.

Libya eyes refund of Goldman, SocGen losses

MILAN (Reuters) - The Libyan sovereign wealth fund is investigating investment losses of $1.75 billion on structured products managed by Goldman Sachs and Societe Generale to see whether it can claim compensation, the fund's chairman said on Wednesday.