9/16, 8:35 AM (Source: TeleTrader)
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Standard Chartered CEO: HK safe banking center

Hong Kong is a "very, very safe" location for global banks, Standard Chartered CEO Bill Winters (pictured right) said on Wednesday.

Speaking to CNBC, Winters added that the Chinese autonomous region is a "gateway to China for capital into China and out of China."

He went on to say that the controversial Hong Kong national security law introduced by Beijing aids the stability in the financial center.

Breaking the News / VP