Under Secretary of Army worked for HongKong bank 2002-2005

Ryan D. McCarthy was unanimously confirmed by the U.S. Senate and appointed as the 33rd under secretary of the Army, Aug. 1, 2017. He served as the acting secretary of the Army from his appointment until Nov. 16, 2017. The under secretary of the Army is the secretary of the Army's senior civilian assistant and principal adviser on matters relating to the management and operation of the Army, which includes development and integration of Army programs and budget. He is responsible for the effective and efficient organization of the Army's operations and initiatives for the business transformation of the Army. Prior to his confirmation, McCarthy worked for Lockheed Martin Corporation in sequential vice president roles responsible for the sustainment, customer solutions and program integration of the F-35 Joint Strike Fighter program and the company's global security policy.

McCarthy previously served as the special assistant to the 22nd Secretary of Defense Robert Gates, under Presidents Bush and Obama, where he advised as the secretary's representative to the White House, Congress, National Security Agencies and other Foreign Governments. He also served as the special assistant to the under secretary of defense for Acquisition Technology and Logistics and was responsible for policy development and coordination with the joint staff and uniformed services acquisition leaders on procurement and supply chain management policies. He also served as a professional staff member in the U.S. House of Representatives Committee on International Relations. Prior to his legislative experience, from 2002 to 2005, he worked as the vice president of Commercial Financing for the Hongkong Shanghai Banking Corporation.

McCarthy proudly served in the U.S. Army from 1997 to 2002 and was involved in combat operations in Afghanistan in support of Operation Enduring Freedom with the 75th Ranger Regiment, U.S. Special Operations Command. He holds a Bachelor of Arts in History from Virginia Military Institute and a Master of Business Administration degree from the University of Maryland's Robert H. Smith School of Business.

McCarthy and his wife have been married for over 10 years and have one daughter.

It’s a British bank that got its start financing the opium trade. IIRC, execs have almost always been Scotsmen, like a good chunk of the British commercial presence in Hong Kong:

https://en.wikipedia.org/wiki/HSBC#Origins_and_until_2000
[The Hongkong and Shanghai Bank was founded by Thomas Sutherland in the then-British colony of British Hong Kong on 3 March 1865, and in Shanghai a month later, benefiting from the start of trading into China, including opium trading.[17] It was formally incorporated as The Hongkong and Shanghai Banking Corporation by an Ordinance of the Legislative Council of Hong Kong on 14 August 1866.[2] In 1980, HSBC acquired a 51% shareholding in US-based Marine Midland Bank, which it extended to full ownership in 1987. On 6 October 1989, it was renamed by the Legislative Council, by an amendment to its governing ordinance originally made in 1929, to The Hongkong and Shanghai Banking Corporation Limited, and became registered as a regulated bank with the then Banking Commissioner of the Government of Hong Kong.[18]

HSBC Holdings plc, originally incorporated in England and Wales,[19] was a non-trading, dormant shelf company when it completed its transformation on 25 March 1991[3] into the parent holding company to the Hongkong and Shanghai Banking Corporation Limited now as a subsidiary, in preparation for its purchase of the UK-based Midland Bank and the impending transfer of sovereignty of Hong Kong to China. HSBC Holdings’ acquisition of Midland Bank was completed in 1992 and gave HSBC a substantial market presence in the United Kingdom. As part of the takeover conditions for the acquisition, HSBC Holdings plc was required to relocate its world headquarters from Hong Kong to London in 1993.[20]

Major acquisitions in South America started with the purchase of the Banco Bamerindus of Brazil for $1 billion in March 1997[21] and the acquisition of Roberts SA de Inversiones of Argentina for $600 million in May 1997.[22] In May 1999, HSBC expanded its presence in the United States with the purchase of Republic National Bank of New York for $10.3 billion.[23] ]

13 Dec: UK Telegraph: Senior staff at HSBC, Standard Chartered and Deutsche Bank are Chinese Communist Party members
The disclosures raise major questions about the independence of major institutions that operate in China
By Ben Gartside, Jack Hazlewood and Juliet Samuel
Hundreds of senior employees at British banks HSBC and Standard Chartered have been members of the Chinese Communist Party, according to documents seen by The Telegraph.
The lists show that at least 335 HSBC employees were CCP members. Current members include the senior vice-president of HSBC China, the president of HSBC’s Shenzhen office and the deputy manager of Hong Kong corporate and consumer products are listed as members.

Standard Chartered has employed at least 290 CCP members. Among active members who have pledged an oath of loyalty to the country’s ruling party are the deputy president of the bank’s Chinese subsidiary, head of investment management and head of business banking...
HSBC in particular has struggled to navigate the conflict between being headquartered in the UK but relying on China and Hong Kong, which has imposed a new security law to crack down on protestors, for most of its profits...

Further questions are also set to be posed about Huawei’s supply chain, as the company’s sole American manufacturer Qualcomm are revealed to employ hundreds of party members including some in senior positions...

US Secretary of State Mike Pompeo claimed the Chinese state had “bullied” HSBC into blocking accounts of pro-democracy supporters in August.Earlier this month, HSBC froze the account of exiled pro-democracy activist Ted Hui, which sparked further criticism from activists.
HSBC and Standard Chartered have both announced their public support for Hong Kong’s national security law, alongside Standard Chartered.

Dong Shuyin, deputy president of Standard Chartered in China, has won awards within the CCP, including “Excellent Communist Party Member in Shanghai”. Mr Dong met with Chinese President Xi Jinping during a visit in 2019, where the two discussed the growth of the party.
Mr Dong had described the CCP as an “indispensable part of [Standard Chartered’s] development in China”.

Two senior Deutsche Bank managers were also listed as party members. JP Morgan Chase also has party members in senior positions within their organisation, including an executive director who joined from HSBC...

Deutsche Bank, Standard Chartered and HSBC declined to comment. JP Morgan Chase, Qualcomm and Wolves FC did not respond to a request for comment.
https://www.telegraph.co.uk/business/2020/12/13/senior-staff-hsbc-standard-chartered-deutsche-bank-ccp-members/

15 Dec: Daily Mail: Leaked files expose mass infiltration of UK firms by Chinese Communist Party including AstraZeneca, Rolls Royce, HSBC and Jaguar Land Rover
•Loyal members of Chinese Communist Party are working in British consulates, universities and for some of the UK’s leading companies, The Mail on Sunday can reveal
•Leaked database of 1.95m registered party members reveals how Beijing’s malign influence now stretches into almost every corner of British life, including defence firms, banks and pharmaceutical giants
•Some members, who swear oath to ‘guard Party secrets, be loyal to the Party, work hard, fight for communism throughout my life...and never betray the Party’, are understood to have jobs in British consulates
By Jake Ryan and Jonathan Bucks and Holly Bancroft
https://www.dailymail.co.uk/news/article-9046783/Leaked-files-expose-mass-infiltration-UK-firms-Chinese-Communist-Party.html

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