Global banks scrutinize their Hong Kong clients for pro-democracy ties4 min read . Updated: 20 Jul 2020, 09:07 AM IST
- Bankers at Credit Suisse Group AG, HSBC Holdings Plc, Julius Baer Gruppe AG and UBS Group AG, among others, are broadening scrutiny
- The checks at some wealth managers have involved combing through comments made by clients and their associates in public and in media
HONG KONG : Global wealth managers are examining whether their clients in Hong Kong have ties to the city's pro-democracy movement, in an attempt to avoid getting caught in the crosshairs of China's new national security law, according to six people with knowledge of the matter.
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