Leaders of America's biggest banks say they would follow any US directive on pulling business from China if Taiwan is ever attacked by Beijing
Leaders of America’s biggest banks say they would follow any US directive on pulling business from China if Taiwan is ever attacked by Beijing. JPMorgan\n \n CEO Jamie Dimon, Citi\n \n CEO Jane Fraser, and Bank of America\n \n CEO Brian Moynihan were all pressed on the subject Wednesday by US Congressman Blaine Luetkemeyer, from Missouri, in a Capitol Hill hearing.
Earlier this year, Russia’s attack on Ukraine renewed fears that China could be emboldened to advance its own military aggression toward Taiwan. In an interview that aired this past weekend, US President Joe Biden reaffirmed that US forces would defend the territory against any aggression from mainland China. The three US lenders have a long history of operating in China.