Investment Banking

Goldman Sachs chief warns China, Hong Kong border controls are a ‘headwind’ on talent

Goldman Sachs chief executive David Solomon said mainland China and Hong Kong’s strict border controls are creating staffing challenges, as the region’s tight quarantine regime wears on foreign workers and businesses.

“Certainly, being restricted in terms of leaving or coming back, the family pressure, etc., that’s not a great dynamic for talent,” Solomon said on 17 November. “That’s certainly a headwind for global talent in that part of the world, right at this moment.”

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