Hong Kong has finally secured commitments from some of the world's biggest banks to participate in a long-awaited summit, as it seeks to reaffirm its status as a global financial hub
Hong Kong has finally secured commitments from some of the world’s biggest banks to participate in a long-awaited summit, as it seeks to reaffirm its status as a global financial hub. The Hong Kong Monetary Authority announced Thursday that it would welcome executives including Goldman Sachs\n \n CEO David Solomon, Morgan Stanley\n \n CEO James Gorman, Standard Chartered\n \n CEO Bill Winters, and HSBC\n \n CEO Noel Quinn to the city in November.
However, the quarantine-free arrival of a wealthy outsider sparked public anger at a time when most inbound travelers were required to isolate in hotels at their own expense for up to 21 days. The backlash reached such heights that it forced Hong Kong’s then leader, Carrie Lam, to defend Dimon’s special dispensation, saying it was in the interest of “Hong Kong’s economy.
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