Morgan Stanley Restricts iPhones to Mainland China Models as Wall Street Eyes China Risk
Morgan Stanley has required Hong Kong-based bankers to use separate iPhones and iPads for mainland China trips, issuing China-specific devices to over 300 staff, according to the Financial Times. The policy, introduced in recent months, limits device functions to work email and online meetings. Goldman Sachs and JPMorgan have not adopted similar rules. Morgan Stanley declined to comment.