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A Billionaire Retrenches in a Tough Year for Hedge Funds
A Billionaire Retrenches in a Tough Year for Hedge Funds
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Qatar Banks in Talks on Possible Merger

Three lenders combined would hold more than $44 billion in assets

By

DUBAI—A trio of banks in Qatar said Tuesday they are in talks about a possible merger to create one of the Middle East’s largest Shariah-compliant lenders, as low oil prices spur regional consolidation.

Masraf al Rayan, Barwa Bank and International Bank of Qatar said a combined entity would result in a larger and stronger financial institution,...

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