Scandal-Scarred Middle Eastern Bank Loses Case

FBME, the rogue Middle Eastern bank that wouldn’t die, has been dealt what is seemingly yet another final blow with a decision by a tribunal of the Paris-based International Chamber of Commerce, to reject a US$1.4 billion arbitration claim brought by Lebanese brothers Ayoub-Farid and Fadi Saab that the island nation of Cyprus had wrongly expropriated th…