A group of large institutional investors including BlackRock Inc and Allianz SE's Pacific Investment Management Co has sued 16 major banks, accusing them of rigging prices in the roughly US$5.1 trillion-a-day foreign exchange market.
DUBAI: Some of the world’s leading financiers are returning to Saudi Arabia after the oil-rich kingdom yielded some of the year’s biggest merger and bond deals.
The arrival of top banking executives in Riyadh puts the finishing touches on a six-month charm offensive after their initial protests over the murder of government critic Jamal Khashoggi.
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