Hypothetical Question
Lets say I wanted to open an Investment bank what destination would be the best .
Would it be Hong Kong ? Singapore ? Cayman Islands ?
My first choice would be Hong Kong but since China has plans to re absorb it completely by 2020 it can prove to be a place of High political risk .
Any thoughts.
Thanks
Where you have the most C-Level executive and political connections. No connections > no deal flows > no money for you.
Barring some truly dramatic events, China will NEVER re-absorb HK. The Chinese leadership understands the benefits and importane of having a free and open gateway into China.
Furthermore, many Chinese princelings run companies based out of HK and have offshore accounts set up there. They are deriving way too many benefits from the status quo to change it. They have little to gain by absorbing HK, which would just turn it into another Shanghai.
what an idiotic OP. Caymans?
And whats wrong with an Off-Shore Private bank set up in the Caymans ?
Private bank =/= Investment bank
Private banking might work in the Caymans (although it would probably just be incorporated there), while an investment bank in the Caymans would be very unusual.
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