Focus
Exodus
Financial Giants Converge in Hong Kong Amid Concerns Over Political Situation
The National Security Law is fueling significant departures of international banks, investment firms, and tech companies, reflecting growing apprehension.
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California Exodus Cost $1 Trillion in Financial Firm Flight Alone
A new Bloomberg analysis of over 17,000 corporate filings shows that the exit of financial companies from California is estimated to have cost around $1 trillion, when measured by assets under management.
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Financial Giants Converge in Hong Kong Amid Concerns Over Political Situation
The National Security Law is fueling significant departures of international banks, investment firms, and tech companies, reflecting growing apprehension.
|
California Exodus Cost $1 Trillion in Financial Firm Flight Alone
A new Bloomberg analysis of over 17,000 corporate filings shows that the exit of financial companies from California is estimated to have cost around $1 trillion, when measured by assets under management.
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