A Chinese megabank and its CRO in the US
Frank Morisano has put together a risk team, his unit funds itself, and he’s banned cloud technology
Given the often acrimonious relations between China and the United States, the US headquarters of the Industrial and Commercial Bank of China is in an odd spot: Trump Tower.
ICBC occupies three floors at the gilded address in midtown Manhattan. Having a headquarters whose landlord is the US president presents a particular stripe of risk, a fact first apparent during the 2016 election, when the reality star based his campaign there.
“When he came to town or held events in the lobby, they shut
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