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JPMorgan, Goldman Sachs stay in China but businesses shift

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JPMorgan, Goldman Sachs stay in China but businesses shift

Oct 15, 2025 11:14 AM

NEW YORK, Oct 15 (Reuters) - JPMorgan Chase ( JPM ) and

Goldman Sachs ( GS ) are sticking with their businesses in China

as escalating tensions with the U.S. loom over global markets,

bank executives said on Wednesday.

JPMorgan ( JPM ), the largest U.S. bank, is still investing in China

even as its operations there evolve, said Vice Chairman Daniel

Pinto.

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