Private Equity
Things aren't looking good for 'Davos in the Desert': Saudi Arabia’s hopes of boosting foreign investment are drying up as three more banking and industry titans decided to ditch a business conference starting on Oct. 23 because of missing Saudi journalist Jamal Khashoggi. JPMorgan Chase Chief Executive Jamie Dimon pulled out Sunday night, and two other VIPs soon followed: Laurence Fink, chief executive of the world’s largest asset manager BlackRock Inc., and Stephen Schwarzman, CEO of private equity firm Blackstone group, according to sources cited by The Wall Street Journal.

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