JPMorgan Chase as blocked staff in Hong Kong from using Anthropic’s AI models, according to a Financial Times report citing three people familiar with the matter.

The decision reportedly came after the wording of Anthropic’s licensing terms led the bank to remove Claude models from its internal list of approved large language models available to employees in the city, Reuters reported.

Goldman Sachs took a similar step in April, removing Claude from its approved tools for Hong Kong-based bankers.

Neither JPMorgan nor Anthropic responded to Reuters’ requests for comment, and the report has not been independently verified.

The moves come amid growing US-China tensions over artificial intelligence, data security, and access to advanced computing tools.

While US-made AI models are not available in mainland China, Hong Kong has remained partially open, with usage governed by company-specific restrictions.

The development follows recent US government action, with Commerce Secretary Howard Lutnick urging Anthropic to suspend global exports of its Mythos and Fable models, citing national security concerns involving potential use by foreign military intelligence users.

US President Donald Trump said that talks with Anthropic are progressing “going fine.”

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