When Saudi Arabia wanted to demonstrate it was open for investors after the killing of Jamal Khashoggi, it turned to a longtime banker to the kingdom: HSBC
When Saudi Arabia wanted to demonstrate it was open again for global investors after the killing of journalist Jamal Khashoggi, officials turned to a longtime banker to the kingdom: HSBC Holdings PLC.
In April, the British bank helped arrange a $12 billion bond deal for Saudi Aramco, the kingdom’s crown-jewel oil company, attracting $100 billion in orders and cooling talk of any investor boycott over human rights. Two weeks later, HSBC Chief Executive John Flint attended a financial conference in Riyadh and waxed lyrical about...
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