Citigroup shifts some staff out of Lebanon amid conflict

Published
0

US bank Citigroup has moved a “very small” number of its employees from Lebanon into Turkey as the conflict between Israel and Hezbollah escalates, a source familiar with the matter told Reuters.

Beirut, Lebanon’s capital and home to Citi’s local office, has also come under attack.

“The safety and well-being of our people remains our top priority and we have taken every measure to ensure our colleagues’ safety,” a spokesperson for the bank said.

“We continue to monitor the situation and have resources in place to support our colleagues and their families.”

Opinion

Editorial

Farewell to arms?
Updated 03 Aug, 2026

Farewell to arms?

PALESTINIAN resistance group Hamas recently made a major concession by agreeing to give up its weapons. It should be...
Unplanned future
03 Aug, 2026

Unplanned future

A PROJECTION that Pakistan’s population could reach 400m by 2040 should not be treated as another dramatic number...
No more torture
03 Aug, 2026

No more torture

EVEN the best laws on the books are worth little unless the state shows the willingness to enforce them. This is...
Urban flooding
Updated 02 Aug, 2026

Urban flooding

THE warning from the disaster management and weather authorities that a new monsoon spell could trigger urban...
Fatal workplaces
02 Aug, 2026

Fatal workplaces

THE methane explosion near Quetta that killed 34 coal miners is the latest entry in Pakistan’s long register of...
Dual standards
02 Aug, 2026

Dual standards

IT appears that the Pakhtunkhwa Milli Awami Party has fallen foul of the Election Commission of Pakistan. A...