Tagged with: Lehman Brothers
Dubai not to deport Lehman staff: DIFC
DUBAI: Dubai International Financial Center (DIFC), where Lehman Brothers Middle East is headquartered, has said the employees of the investment banker will not be asked to evacuate and that expatriates will be taken care of.
“No one will be asked to leave or even face deportation,” DIFC Governor Omar bin Sulaiman is quoted to have said yesterday.
Worried bankers from Lehman, which shocked the global financial markets when it filed bankruptcy in the United States, lined up anxiously outside the DIFC’s residency visa office two days later, hoping to extend their permits to remain in the emirate.
CONTINUE READING AT….
Use the form below to search the site:
Still not finding what you're looking for? Drop a comment on a post or contact us so we can take care of it!