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Biggest investment banking fee earners shun Saudi summit

Leaders from HSBC and Standard Chartered have followed Jamie Dimon in cancelling plans to attend the Future Investment Initiative

A Saudi Arabian national flag flies from the roof of the Saudi Arabian consulate in Istanbul
A Saudi Arabian national flag flies from the roof of the Saudi Arabian consulate in Istanbul Photo: Getty Images

Representatives from some of the biggest western investment banks doing business in Saudi Arabia have now withdrawn from the country's flagship investment summit, amid the fallout from the disappearance of dissident journalist Jamal Khashoggi.

Leaders from HSBC and Standard Chartered have followed JPMorgan chief executive Jamie Dimon in cancelling plans to attend the Future Investment Initiative conference, which is due to begin in Riyadh on October 23.

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