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Nov 16, 2021 04:34 PM
FINANCE

Hong Kong Defends Allowing JPMorgan’s Dimon to Skip Quarantine

Jamie Dimon in 2019. Photo: Bloomberg
Jamie Dimon in 2019. Photo: Bloomberg

(Bloomberg) — Hong Kong let JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon skip the city’s 21-day hotel quarantine because of the size of the bank’s operations in the Asian financial hub, saying his trip was relatively low risk.

“The justification is related to economy, as this is a very huge bank with key business in Hong Kong,” Chief Executive Carrie Lam said in a regular briefing on Tuesday. “He needs to come to Hong Kong for work for about a day.”

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