Citigroup and Standard Chartered reportedly withdraw from their Dubai offices, HSBC notifies customers that it has closed its Qatar branch

Stheadline
2026.03.12 06:03
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Citigroup and Standard Chartered Bank have begun to withdraw from their Dubai offices and have notified employees to work from home. HSBC has closed all branches in Qatar until further notice to ensure safety. This move is due to the escalating tensions in the Middle East, with the Iranian military warning that banks and financial institutions are now considered new military targets