Global banks in Hong Kong brace for possible fallout from new US-China tensions, S&P Global Market Intelligence reports. Partner Anna Bradshaw explains that the challenge for banks is that they will need to find a way to satisfy both U.S. and Chinese authorities. “The banks are caught between two hugely powerful nations and this situation is necessarily going to be unresolved in the short term because that is part of the bargaining position involved — this is part of the process that gives sanctions their force.” Read more