Middle East Banking Shock: HSBC Closes Branches, Citi & Goldman Evacuate Staff
The financial system in parts of the Middle East is facing
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growing pressure as geopolitical tensions escalate.
Major international banks including Goldman Sachs, Citigroup, and Standard Chartered have instructed employees to leave offices or work remotely in Dubai following security warnings tied to threats from Iran.
At the same time, HSBC has reportedly closed all of its bank branches in Qatar until further notice in what appears to be a precautionary safety measure.
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