❗️Ansarallah's ongoing operations prompt global banks to let Saudi-based staff work from home

Global financial institutions, including JPMorgan and Deutsche Bank, are allowing employees based in Saudi Arabia to work remotely amid Ansarallah's operations in the kingdom, three people familiar with the matter told Reuters.

US investment firm Franklin Templeton has temporarily shut its Riyadh office and instructed all employees based there to work from home until further notice, one source said. The company has not set an end date for the temporary arrangements.

Wall Street bank Citi also announced earlier this week that it was permitting employees to work from home. "The safety of our employees and the families of our employees have always been our top priority," CFO Gonzalo Luchetti told reporters following an earnings call on Tuesday.