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JP Morgan and Ford cancel plans for Saudi investor event

Updated : October 15, 2018 08:58 AM IST

The cancellations could add pressure on other US firms like Goldman Sachs Group Inc, Mastercard Inc and Bank of America Corp to reconsider their plans to attend the investor event.
Khashoggi, a US resident and Washington Post columnist critical of Riyadh’s policies, disappeared on October 2 after entering the Saudi consulate in Istanbul. Turkey believes he was murdered and his body removed. Saudi Arabia has denied that.
US President Donald Trump has threatened “severe punishment” if it turns out Khashoggi was killed in the consulate, although he said Washington would be “punishing” itself if it halted military sales to Riyadh.
JP Morgan and Ford cancel plans for Saudi investor event
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