Monday 29 October 2018

HSBC sees little impact on Saudi Arabia investment after Khashoggi murder: CEO | Reuters

HSBC sees little impact on Saudi Arabia investment after Khashoggi murder: CEO | Reuters:

Saudi Arabia is unlikely to see significant impact on its foreign trade and investment flows following the killing of journalist Jamal Khashoggi, the chief executive of Europe’s biggest bank HSBC said on Monday.

“It has been a difficult few weeks for the kingdom, this has not been good for Saudi Arabia,” HSBC CEO John Flint told Reuters in an interview.

“I understand the emotion around the story, but it is very difficult to think about disengaging from Saudi Arabia given its importance to global energy markets,” he said.

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