Wall Street CEOs Want Zero Quarantine for Hong Kong’s Big Summit
- Chief executives of Morgan Stanley, Goldman invited to summit
- Hong Kong holds November summit to mark financial hub revival
Commuters underneath the HSBC Holdings Plc headquarters building in the Central district of Hong Kong.
Photographer: Paul Yeung/BloombergSeveral of Wall Street’s biggest banks have made quarantine-free travel a precondition for senior executives to attend a Hong Kong conference designed to trumpet the financial hub’s revival after years of Covid restrictions battered its reputation.
Hong Kong’s banking regulator has held informal talks with lenders on how to pull off the two-day conference in early November and ensure a star cast of international executives, according to people familiar with the discussions. The chief executive officers of Morgan Stanley, Goldman Sachs Group Inc. and UBS Group AG, all with major operations in the city, are among those that have been informally invited by the Hong Kong Monetary Authority, the conference organizer, the people said, asking not to be named discussing private information.