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JPMorgan and Goldman Sachs Restrict Anthropic AI Access in Hong Kong

JPMorgan and Goldman Sachs Restrict Anthropic AI Access in Hong Kong

First seen 8 Nov 2026, 20:49 UTC •
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ThreatCluster AI
ThreatCluster •November 8, 2026 at 20:50 UTC
  • •JPMorgan has cut off access to Anthropic's Claude for Hong Kong staff due to contractual issues.
  • •Goldman Sachs previously restricted its Hong Kong employees from using Claude, citing data security concerns.
  • •These moves reflect a trend among U.S. banks to limit AI tool usage in geopolitically sensitive areas.

JPMorgan Chase has restricted its Hong Kong staff from using Anthropic's AI model, Claude, due to contractual issues, following Goldman Sachs' similar move earlier this year. Both banks cited concerns over compliance with Anthropic's licensing terms, isolating Hong Kong employees from AI tools available to their counterparts in other regions. This decision reflects a growing trend among major financial institutions to scrutinize AI tool usage amid geopolitical tensions between the U.S. and China. Goldman Sachs had previously barred access to Claude for its Hong Kong bankers in April 2026, emphasizing data security and cyber risk concerns. The restrictions are part of a broader tightening of U.S. policy regarding advanced AI technologies and their deployment in sensitive regions.

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Updated 16h ago How this analysis works

Timeline

2026-04-28
Goldman Sachs restricts Claude access
Goldman Sachs removed Anthropic's Claude from its approved tools for Hong Kong bankers, citing compliance with licensing terms.
whbl.com
2026-11-08
JPMorgan restricts Claude access
JPMorgan Chase stopped Hong Kong staff from using Anthropic's Claude due to contractual issues, following Goldman Sachs' earlier decision.
thenextweb.com

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Common questions

Why did JPMorgan restrict Claude access?
JPMorgan cited contractual issues with Anthropic's licensing terms as the reason for restricting access.
What prompted Goldman Sachs to bar Claude?
Goldman Sachs restricted access due to concerns over data security and compliance with licensing agreements.
Are other banks likely to follow suit?
The trend of restricting AI tools in sensitive regions may continue as geopolitical tensions rise.