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China Detains Investment Bankers, Takes Passports in Sweep

DeFi Daily News by DeFi Daily News
September 11, 2024
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At least three top investment bankers from different securities firms have been detained by Chinese authorities since August. Haitong Securities and other state-backed brokerages have also recently asked many of their investment bankers to hand in their passports and seek permission for all business and personal travel plans, according to people familiar with the matter. Stephen Engle reports on Bloomberg Television.

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Tags: BankersBloomberg TVChinachina banksChinese governmentDetainedDetainsInvestmentinvestment bankerpassportsStephen Englesweeptakes
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