1 week ago

Hedge Funds, Banks Activate Contingency Plans Amid Iran Attacks on UAE

TLDR: UAE attacks forced JPMorgan and Citigroup to instruct staff to work from home as Iran launched strikes on Dubai and Abu Dhabi. Dymon Asia Capital held emergency calls, drafted staff safety guidelines, and booked hotels for stranded employees in Dubai. Security firm Crownox evacuated high-net-worth individuals and CEOs from the UAE into Oman by [...]

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