First Rule of Saudi Business Is Don't Talk About Saudi Business - Bloomberg:
"In London, New York, Zurich and beyond, the answer from international bankers is the same: We don’t want to talk about the Saudis and their billions.
More than a week after Crown Prince Mohammed bin Salman arrested wealthy princes, officials and businessmen, in a power play that could reshape the oil-rich kingdom and the Middle East, bankers who’ve been discretely tending Saudi fortunes seem all but frozen.
Many are afraid to say, much less do, anything that might draw attention in Riyadh, where dozens of the kingdom’s richest people, including at least 11 princes, are being detained in the Ritz-Carlton hotel. Saudi Arabia’s market regulator has frozen the trading accounts of individuals being detained or investigated, according to three people familiar with the matter."
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