JP Morgan chief skips quarantine as he jets into Hong Kong

jp morgan chief skips quarantine as he jets into hong kong

Sumary of JP Morgan chief skips quarantine as he jets into Hong Kong:

  • JP Morgan’s billionaire chief executive Jamie Dimon was allowed to skip Hong Kong’s strict 21-day hotel quarantine rules because he runs “a very huge bank” with “key business in Hong Kong”, the territory’s chief executive, Carrie Lam, said on Tuesday.
  • Questioned about why Dimon was allowed to enter the territory without complying with coronavirus rules, Lam said: “The justification is related to economy, as this is a very huge bank with key business in Hong Kong.
  • But there are restrictions, including restrictions over his itinerary, so the risk is completely manageable.
  • ”Hong Kong is pursuing a Covid Zero strategy alongside China, and has imposed some of the world’s strictest travel rules to keep the virus out.
  • Measures include mandatory hotel quarantines of three weeks for any resident returning from the UK or US, regardless of vaccination status, followed by seven days of self-monitoring.
  • During his visit, Dimon told Bloomberg that the strict quarantine policy “does make it harder” to attract and retain talent in the territory.

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