Banks Have Started Evacuating Their Staff Out Of Egypt


Photo: ap

Banks have begun to evacuate their non-local staff out of Egypt, the WSJ reports.The massive countrywide demonstrations are showing no sign of letting up, and there’s buzz that protesters are planning a massive, million-person march for Tuesday to finish the job and oust Mubarak.

Citi evacuated its non-Egyptian workers last night, and Barclays and HSBC also removed their ex-pat employees, some to Dubai.

But JP Morgan, which says it has 10 employees in Cairo, says they’re safe where they are.

Branches of all international banks are closed today.

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