Monday 28 October 2019

Corbat to Fink: The Who’s Who of Finance Head to #SaudiArabia - Bloomberg

Corbat to Fink: The Who’s Who of Finance Head to Saudi Arabia - Bloomberg:

Global finance and business elites are descending on Riyadh this week for Saudi Arabia’s marquee investment summit after last year’s event was overshadowed by the murder of government critic Jamal Khashoggi.

Blackstone Group Inc. Chief Executive Officer Stephen Schwarzman and SoftBank Group Corp. founder Masayoshi Son are among scores of executives due to speak at the three-day Future Investment Initiative — an annual jamboree that showcases the kingdom’s ambitions, starting on Tuesday. 

Wall Street A-listers such as Bank of America Corp.’s Chief Operating Officer Tom Montag and JPMorgan Chase & Co.’s global banking head Carlos Hernandez, who are working on Saudi Aramco’s on-off IPO, will also rub shoulders with the oil giant’s Chairman Yasir Al-Rumayyan. Speculation is swirling over when the much-anticipated deal will be announced.

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