Talk vs reality - global BBs in China
"[JP Morgan] will try to put on a good face despite the tensions. The [China Summit] opens with a talk titled “We are Back!” by Asia-Pacific Chief Executive Officer Filippo Gori, signalling the firm will emphasize its standard line on China: that it has a long-term commitment to the country despite headwinds." https://www.bloomberg.com/news/articles/2023-05-3…
Everyone knows about the huge reductions in APAC headcounts in pretty much every BB in China. What's the game here? Thoughts on the future of global BBIBs in China in general?
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