Deutsche Bank CEO Christian Sewing Pulls out of Saudi Conference -- Update
October 19 2018 - 11:14AM
Dow Jones News
By Jenny Strasburg
Deutsche Bank AG (DBK.XE) Chief Executive Christian Sewing on
Friday joined the long list of senior financial executives who have
changed plans and decided not to go to the Future Investment
Initiative conference in Riyadh next week, according to a person
familiar with the matter.
Mr. Sewing had planned to meet with clients at the conference in
Saudi Arabia but has decided not to go, given mounting details over
the past few days about the alleged death of journalist Jamal
Khashoggi, the person said.
Turkish officials say Mr. Khashoggi was killed by Saudi agents
in Istanbul this month, an accusation that Saudi Arabia denies.
Mr. Sewing's change of plans follows cancellations to attend the
event by other European bank CEOs, including the heads of HSBC
Holdings PLC, Credit Suisse Group AG and Societe Generale SA.
Wall Street executives including JP Morgan Chase & Co. CEO
James Dimon and BlackRock Inc. CEO Laurence Fink also withdrew from
the conference.
Write to Jenny Strasburg at jenny.strasburg@wsj.com
(END) Dow Jones Newswires
October 19, 2018 10:59 ET (14:59 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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