TNAG-2125-FCO40-3032-Banking-situation-in-Hong-Kong-1990 — Page 17

From the Private Secretary

[ET MON

10 DOWNING STREET

LONDON SWIA 2AA

Miso Maraden, HKD

CBSAN. Maude

PS/PUS Mr. Bayne Mr. Mclaren COMED.

2 May 1990

น

Deer suple

I enclose a copy of a letter to the Prime Minister from Mr. Henry Keswick about the difficulty being experienced by Jardine Fleming in obtaining a full banking licence in Hong Kong. The Prime Minister would be grateful for a draft reply, prepared in consultation with the Treasury and the Bank of England, as well as the Governor of Hong Kong.

I am copying this letter and enclosure to John Gieve (H. M. Treasury) and to Paul Tucker (Bank of England).

Stephen Wall, Esq., L.V.O., Foreign and Commonwealth Office.

manh

you wish.

CHARLES POWELL