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

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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.

[LONDON] 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 US 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," Mr Raab told parliament. 

REUTERS

 

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