Citigroup opens Riyadh regional HQ as Wall Street deepens Saudi presence (C:NYSE)

Citigroup opens Riyadh regional HQ as Wall Street deepens Saudi presence (C:NYSE)

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Citi Opens Riyadh HQ as Wall Street CEOs Forge Deeper Saudi Ties

Citigroup Inc. announced the opening of its regional headquarters in Riyadh, making it the latest Wall Street bank to establish a stronger foothold in the kingdom as it seeks to do more business with the government and its nearly $1 trillion sovereign wealth fund.

State Street (NYSE: STT) launches MENA HQ in Riyadh; $127B custody, $60B AUM

State Street launches its MENA RHQ in Riyadh after MISA approval, with $127B custody assets and $60B AUM. In 2024, its Saudi unit became the 11th investment center.

675 international companies opened RHQ in Riyadh: Al-Falih

Saudi Arabia has achieved the Vision 2030 investment target six years ahead of schedule, and that investment in the Kingdom has increased from 22% five years ago to 30% at present

Citigroup opens Riyadh HQ as Wall Street CEOs forge deeper Saudi ties

The bank join several other international financial giants, including Morgan Stanley and BlackRock, in securing an HQ license and moving to open shop