12:07 PM EDT, 03/11/2026 (MT Newswires) -- Citigroup ( C/PN ) (C) has told staff to evacuate its offices in the Dubai International Financial Centre and the Oud Metha area and work from home until further notice, Reuters reported Wednesday, citing a staff memo.
Standard Chartered has also asked employees in Dubai to work remotely, the report added. HSBC ( HSBC ) has temporarily closed all branches in Qatar to protect staff and customers, the report said, citing a customer notice.
The moves follow threats from Iran's military command that it could target banking and economic interests tied to the US and Israel after an attack on an Iranian bank building linked to Bank Sepah in Tehran, the report said.
Citigroup ( C/PN ), HSBC ( HSBC ), and Standard Chartered didn't immediately reply to MT Newswires' request for comments.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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