Morgan Stanley asks bankers to carry a separate phone for China trips, source says

11 hours ago 5

Selena Li

Wed, May 20, 2026 astatine 6:43 AM CDT 1 min read

By Selena Li

HONG KONG, May 20 (Reuters) - Morgan Stanley has asked its Hong Kong-based ‌bankers to transportation caller mobile devices ‌issued exclusively for concern question to mainland China, arsenic ​international firms with a cross-border workforce tighten information security.

The slope successful caller months asked its unit to usage the devices - iPhones ‌and iPads - erstwhile ⁠working from the Chinese mainland, a root with nonstop cognition of the ⁠matter said.

The Wall Street firm, which did not springiness unit a crushed for the ​move, has ​only introduced the ​policy for instrumentality ‌usage successful China, the root added.

Morgan Stanley declined to comment. The Financial Times archetypal reported astir the issuance of caller devices connected Wednesday.

Morgan Stanley is among the apical arrangers ‌of China listings successful ​Hong Kong, with its ​investment bankers often ​travelling to the mainland for lawsuit ‌and owed diligence meetings.

International ​banks operating successful ​Greater China person mostly ring-fenced onshore information systems, abstracted to their planetary systems, ​after Beijing ‌stepped up scrutiny of cross-border information ​flows successful 2021.

(Reporting by Selena Li, ​Editing by Kirsten Donovan)

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