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Banking Giants Race to Riyadh as MBS Steps Up Pressure Campaign

Kingdom’s wealth pile attracts banks, but they still face local challenges


  • May 02 2024
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  • 8666 Views
Banking Giants Race to Riyadh as MBS Steps Up Pressure Campaign
Banking Giants Race to Riyadh
(Bloomberg) — When Deutsche Bank AG last month brought back its former CEO for the Middle East and Africa, the reappointment came with a twist: Unlike his prior stint at the German lender, Jamal Al Kishi will no longer be based in Dubai, the region’s traditional business hub known for swanky villas and expat comforts. Instead, he will be based in a far less glamorous Middle Eastern city — Riyadh.  Read More

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