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HSBC and Standard Chartered caught in crossfire over Hong Kong turmoil

1 month ago   |   By Daily Mail

In its latest move against Beijing, the US has proposed sanctions on banks which do business with Chinese officials who are cracking down on pro-democracy protestors in Hong Kong.
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Hong Kong: HSBC and Standard Chartered caught between US and China

Hong Kong: HSBC and Standard Chartered caught between US and China

1 month ago   |   By The Guardian

As US passes legislation targeting Chinese officials, banks face question of ‘which side their bread is buttered' HSBC and Standard Chartered risk being caught up in the geopolitical struggle between the US and China after the US House of Representatives passed legislation targeting Chinese officials involved in implementing a national security law in Hong Kong. Banks who do business with officials involved in the security law could face sanctions, amid concerns the security law could be used to crack down on dissent in Hong Kong. More than 370 people were arrested in Hong Kong on...
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