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Don't sacrifice Hong Kong for a banker's bonus, UK tells HSBC

Wed, 01st Jul 2020 13:12

LONDON, July 1 (Reuters) - British Foreign Secretary Dominic
Raab reprimanded HSBC and other banks on Wednesday for
supporting China's new security law, saying the rights of Hong
Kong should not be sacrificed for bankers' bonuses.

Senior British and U.S. politicians criticised HSBC and
Standard Chartered last month after the banks backed
China's national security law for the territory.

"On HSBC and banks, I've been very clear in relation with
HSBC and ... all of the banks: the rights and the freedoms and
our responsibilities in this country to the people of Hong Kong
should not be sacrificed on the altar of bankers' bonuses," Raab
told parliament.
(Reporting by Guy Faulconbridge; editing by Stephen Addison)

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