HSBC slammed by Pompeo over support for HK security law
(Sharecast News) - British bank HSBC has been rebuked by US secretary of state Mike Pompeo for supporting Hong Kong's controversial security law, calling it a "show of fealty".

(Sharecast News) - British bank HSBC has been rebuked by US secretary of state Mike Pompeo for supporting Hong Kong's controversial security law, calling it a "show of fealty".
WASHINGTON, June 9 (Reuters) - U.S. Secretary of State Mike Pompeo on Tuesday chided British bank HSBC for backing moves by China to end Hong Kong's autonomy, saying such "corporate kowtows" got little in return from Beijing.Pompeo said the United...
* European shares trade lower* Banks retreat after a week of gains* BAT, homebuilders drag London stocks lower Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You can share your thou...
(Adds more detail)By Huw Jones and David MillikenLONDON, June 9 (Reuters) - The initial shock of the coronavirus pandemic to Britain's financial system is over, but another sharp repricing of risk is still possible, Bank of England Deputy Governor...
LONDON, June 9 (Reuters) - The initial shock of the coronavirus pandemic to Britain's financial system is over, but another sharp repricing of risk is still possible, Bank of England Deputy Governor Jon Cunliffe said on Tuesday."The COVID crisis i...
LONDON, June 9 (Reuters) - Aviva Investors, a leading shareholder in both HSBC and Standard Chartered , said on Tuesday it was "uneasy" about the companies' decision to back a new security law in Hong Kong.Aviva Investors' Chief Investment Officer...
* BAT falls on profit and revenue forecast cuts * Major HSBC shareholder concerned over support for HK law * Cyclical insurers, banks among biggest decliners * Stocks close lower for second consecutive day (Adds details, upda...
(Sharecast News) - Fresh evidence of China's shocking cover-up of the pandemic outbreak has been found in censored media reports from Wuhan. Samples taken from sick patients and analysed by at least five laboratories had confirmed the existence of a lethal new coronavirus before China told global health authorities about an infectious disease that it claimed was unidentified. - Mail on Sunday
June 6 (Reuters) - HSBC Holdings Plc Chairman Mark Tucker has warned Britain against a ban on networking equipment made by Huawei Technologies Co Ltd, claiming the bank could face reprisals in China, the Telegraph reported on Saturday.Tucker made ...
HSBC To Repurchase GBP3.40 Billion Worth Of 2021 Notes
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* Hong Kong single largest market for HSBC, Standard Chartered* HSBC investment case clouded by the outlook for Hong Kong -analyst* Politicians, customers criticise bank (Recasts with political reaction)By Sumeet Chatterjee, Yanni Chow and Sinead ...
* Hong Kong single largest market for HSBC, Standard Chartered* HSBC investment case clouded by the outlook for Hong Kong -analyst* Politicians, customers criticise bank (Adds further comments from politicians)By Sumeet Chatterjee, Yanni Chow and ...
(Adds more detail)LONDON, June 4 (Reuters) - The Bank of England will gather more information from banks on their likely losses on loans due to the pandemic, its deputy governor Sam Woods said on Thursday.The BoE's Prudential Regulation Authority w...