Deutsche Bank, Credit Suisse Said to Hire for Saudi Open
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Deutsche Bank AG and Credit Suisse Group AG are among financial institutions seeking to hire traders in Saudi Arabia as the nation prepares to open its stock market to foreign investors, people with knowledge of the matter said.
Deutsche Bank is hiring for stock sales and trading, administrative staff and some junior roles, three of the people said, asking not to be identified as the plans aren’t public. Credit Suisse of Zurich also plans to hire for equities after losing traders to rivals, another person said. Bank of America Corp. may also expand its trading desk, three other people said.