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Banks bulk up in Hong Kong as China business overshadows politics - Netscape Money & Business

Banks bulk up in Hong Kong as China business overshadows politics - Netscape Money & Business
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Banks bulk up in Hong Kong as China business overshadows politics


5 Min Read
HONG KONG (Reuters) - Some global banks, funds and other financial services providers say they are stepping up hiring in Hong Kong, in a sign the city’s unique position as a financial gateway to China is outweighing concerns about Beijing’s tightening grip over it.
FILE PHOTO: A Star Ferry boat crosses Victoria Harbour in front of a skyline of buildings in Hong Kong, China June 29, 2020. REUTERS/Tyrone Siu
Goldman Sachs Group Inc, Citigroup Inc, UBS AG and other banks are each hiring hundreds of people in the city this year, adding substantially to their existing ranks. ....

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