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Pin to quick picksHSBC Holdings Share News (HSBA)

Share Price Information for HSBC Holdings (HSBA)

London Stock Exchange
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Share Price: 723.80
Bid: 723.70
Ask: 723.90
Change: 11.20 (1.57%)
Spread: 0.20 (0.028%)
Open: 722.30
High: 724.40
Low: 718.10
Prev. Close: 712.60
HSBA Live PriceLast checked at -

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Testimony of Canada airport police officer to wrap up in Huawei CFO's U.S. extradition case

Tue, 08th Dec 2020 11:00

By Sarah Berman

VANCOUVER, Dec 8 (Reuters) - Testimony of a Canadian police
officer acting as the airport liaison when Huawei Chief
Financial Officer Meng Wanzhou was arrested two years ago will
continue in court on Tuesday as the witness cross examination in
Meng's U.S. extradition hearings enters the final week.

Prosecutors are trying to establish that Meng's arrest by
the Canadian federal police and the investigation by the border
officials were aboveboard. Meng's lawyers are seeking to prove
that Canadian and U.S. authorities illegally directed the Canada
Border Services Agency's (CBSA) examination of Meng in order to
use the agency’s additional investigative powers to gather
information from her without a lawyer present.

Meng, 48, was arrested in Canada in December 2018 on a
warrant from the United States. She is facing charges of bank
fraud for allegedly misleading HSBC Holdings Plc about
Huawei Technologies Co Ltd's business dealings in Iran,
causing the bank to break U.S. sanctions.

She has said she is innocent and is fighting the extradition
from under house arrest in Vancouver.

The witness testimony this week has generated more attention
after news last week that U.S. prosecutors are discussing a deal
with lawyers for Meng to resolve criminal charges against her,
signaling a potential end to a case that has strained ties
between the United States, China and Canada.

Her lawyers have argued in the British Columbia Supreme
Court that Meng's extradition should be thrown out based on
alleged abuses of process that took place during her
investigation by Canadian border officials and subsequent arrest
by police, including inappropriate coordination between U.S. and
Canadian authorities.

Royal Canadian Mounted Police (RCMP) Sergeant Ross Lundie
testified on Monday that he was "very uncomfortable" being the
point of contact for the U.S. Federal Bureau of Investigation
because he felt it conflicted with his responsibilities as a
Canadian police officer.

"At the end of the day, I'm not there to provide information
and act on behalf of the FBI. I’m there working as an RCMP
member," Lundie told the court.

Prosecutors are arguing that Meng's extradition is valid and
procedures were followed.

Meng’s arrest caused a chill in diplomatic relations between
Ottawa and Beijing. Shortly after Meng was detained, China
arrested two Canadian men, Michael Kovrig and Michael Spavor,
who now face spying charges.

On Friday, Canadian Prime Minister Justin Trudeau said the
release of the two Canadians was his "top priority," while
declining to comment on the talks to release Meng.

Meng’s case is scheduled to wrap up in April 2021.
(Reporting by Sarah Berman in Vancouver; Additional reporting
by Moira Warburton in Toronto; Editing by Leslie Adler)

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22 Dec 2023 16:28

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22 Dec 2023 14:58

Rai Way investors seek update on mooted TV towers tie-up - sources

MILAN, Dec 22 (Reuters) - A group of investors holding around 10% of Rai Way's MI> capital has asked for the board of the state-owned Italian TV towers group to provide an update on a long-mooted combination with rival EI Towers to create a national champion, sources said on Friday.

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22 Dec 2023 10:59

South Korea fines two global banks for short-selling rule breaches

SEOUL, Dec 22 (Reuters) - South Korea's financial regulator said on Friday that it would fine two unnamed global investment banks and one local brokerage a record 26.5 billion won ($20.41 million) in total for naked short selling.

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22 Dec 2023 09:01

LONDON MARKET OPEN: Stocks snowed under; UK on brink of recession

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22 Dec 2023 07:50

LONDON BRIEFING: UK on brink of recession as economy contracts in Q3

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22 Dec 2023 07:02

Canada govt approves $13bn sale of HSBC local unit to RBC

(Sharecast News) - The Canadian government has approved the $13.5bn takeover of HSBC Canada by RBC, allowing the sale to proceed despite calls for it to be blocked over fears of reduced competition in the sector.

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22 Dec 2023 06:32

HSBC eyes special payout as Canada OKs USD10 billion unit sale to RBC

(Alliance News) - HSBC Holdings PLC on Friday said the sale of its business in Canada to Royal Bank of Canada has received approval from the Canadian minister of finance, enabling the deal to proceed.

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22 Dec 2023 01:34

Canada approves RBC's deal for HSBC Canada, with conditions

Dec 21 (Reuters) -

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21 Dec 2023 12:59

Barclays extends lease on Canary Wharf headquarters until 2039

LONDON, Dec 21 (Reuters) - Barclays has signed an agreement with Canary Wharf Group (CWG) to extend the lease on its British headquarters in the financial district until 2039, CWG said on Thursday.

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20 Dec 2023 09:25

LONDON BROKER RATINGS: UBS cuts DS Smith; Kepler likes Genus

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19 Dec 2023 16:06

UK banks face 'step change' rule to reimburse defrauded customers

LONDON, Dec 19 (Reuters) - Britain's banks and other payment firms must reimburse defrauded customers to a maximum of 415,000 pounds ($529,000) from October next year to help combat scams, the Payment Systems Regulator (PSR) said on Tuesday.

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19 Dec 2023 15:11

UK banks face 'step change' rule to reimburse defrauded customers

LONDON, Dec 19 (Reuters) - Britain's banks must reimburse defrauded customers to a maximum of 415,000 pounds ($529,000) from October next year to help combat scams, the Payment Systems Regulator (PSR) said on Tuesday.

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14 Dec 2023 15:47

UK dividends calendar - next 7 days

Friday 15 December 
Airtel Africa PLCdividend payment date
Asia Dragon Trust PLCdividend payment date
Craneware PLCdividend payment date
Games Workshop Group PLCex-dividend payment date
Gattaca PLCspecial dividend payment date
Gattaca PLCdividend payment date
GCP Asset Backed Income Fund Ltddividend payment date
Hargreaves Lansdown PLCdividend payment date
Henderson Opportunities Trust PLCdividend payment date
J Sainsbury PLCdividend payment date
James Halstead PLCdividend payment date
Kainos Group PLCdividend payment date
Lancashire Holdings Ltdspecial dividend payment date
Pershing Square Holdings Ltddividend payment date
Scottish American Investment Co PLCdividend payment date
Scottish Mortgage Investment Trust PLCdividend payment date
ScS Group PLCdividend payment date
Telecom Plus PLCdividend payment date
Triple Point Social Housing REIT PLCdividend payment date
Urban Logistics REIT PLCdividend payment date
Utilico Emerging Markets Trust PLCdividend payment date
Wincanton PLCdividend payment date
Witan Investment Trust PLCdividend payment date
Monday 18 December 
Atrato Onsite Energy PLCdividend payment date
CT UK Capital & Income Investment Trust PLCdividend payment date
New Star Investment Trust PLCdividend payment date
Tuesday 19 December 
BP PLCdividend payment date
Softcat PLCdividend payment date
Volution Group PLCdividend payment date
Wednesday 20 December 
abrdn Asia Focus PLCdividend payment date
abrdn Asia Focus PLCspecial dividend payment date
Baillie Gifford Japan Trust PLCdividend payment date
Blackrock Greater Europe Investment Trust PLCdividend payment date
London Finance & Investment Group PLCdividend payment date
Schroder BSC Social Impact Trust PLCdividend payment date
Shell PLCdividend payment date
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abrdn Private Equity Opportunities Trust PLCex-dividend payment date
Alpha Financial Markets Consulting PLCdividend payment date
British & American Investment Trust PLCdividend payment date
British American Tobacco PLCex-dividend payment date
Britvic PLCex-dividend payment date
CML Microsystems PLCex-dividend payment date
Diverse Income Trust PLCex-dividend payment date
Dunedin Enterprise Investment Trust PLCex-dividend payment date
Halma PLCex-dividend payment date
HSBC Holdings PLCdividend payment date
IntegraFin Holdings PLCex-dividend payment date
International Biotechnology Trust PLCex-dividend payment date
J Smart & Co (Contractors) PLCex-dividend payment date
JPMorgan Japanese Investment Trust PLCex-dividend payment date
JPMorgan Multi-Asset Growth & Income PLCex-dividend payment date
Mercantile Investment Trust PLCex-dividend payment date
Montanaro European Smaller Companies Trust PLCex-dividend payment date
Pharos Energy PLCex-dividend payment date
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Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
14 Dec 2023 10:51

France's Credit Agricole to stop financing new fossil fuel projects

Vows to triple financing of renewable energy projects by 2030

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12 Dec 2023 16:26

US sanctions proposed buyer of HSBC's Russian business

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