The Dubai International Financial Centre has announced it is to move South Asia headquarters from Dubai to Jersey , following widespread failings at the unit. There has been no confirmation on how many jobs will be affected, but there are reports that around more than 4000 jobs will be relocated to Dubai .
HSBC has announced it is to move HSBC Middle East's headquarters from Jersey to Dubai, following widespread failings at the unit. There has been no confirmation on how many jobs will be affected, but there are reports that around 100 jobs will be relocated to Dubai.