The Saudi Attack on Qatar Just Entangled the Big Banks

The Saudi attack on Qatar is getting more interesting ... Big banks like JPMorgan are pulling out of Qatar's latest bond issuance deal because it did better than the Saudi bond deal and MBS is angry, so the banks are giving in so as not to irk the crown prince. So this isn't over. Qatar isn't losing this battle and the Saudis might have to escalate to make their point. 

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If a missile or two from Yemen (likely supplied by Iran) actually strikes Saudi Aramco assets inside Saudi Arabia, then then MbS spat with Qatar might settle down again.  Due to protecting assets for the IPO.

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