By , HSBC’s Asia-Pacific Chief Executive Peter Wong signed a petition backing the law, the bank said. HSBC “respects and supports all laws that stabilise Hong Kong’s social order,” it said in a post on social media in China.StanChart later said it believed the law can “help maintain the long term economic and social stability of Hong Kong”.Both banks are based in Britain but have a significant Asia focus.Now Europe’s largest bank, HSBC has its origins in Hong Kong, a British colony until 1997. It has previously avoided weighing in on the political situation there in recent months, while...…By , HSBC’s Asia-Pacific Chief Executive Peter Wong signed a petition backing the law, the bank said. HSBC “respects and supports all laws that stabilise Hong Kong’s social order,” it said in a post on social media in China.StanChart later said it believed the law can “help maintain the long term economic and social stability of Hong Kong”.Both banks are based in Britain but have a significant Asia focus.Now Europe’s largest bank, HSBC has its origins in Hong Kong, a British colony until 1997. It has previously avoided weighing in on the political situation there in recent months, while...WW…

Register now for FREE unlimited access to Reuters.comLONDON, April 22 (Reuters) - Climate activists shattered 19 windows at HSBC’s headquarters in London’s Canary Wharf on Thursday as part of a protest against the financing of what the group says is devastating climate change that threatens the planet.The female activists from the Extinction Rebellion group used hammers to break the windows and pasted stickers on them before sitting down to wait for the police to arrest them, a Reuters reporter at the scene said."Despite HSBC's pledge to shrink its carbon footprint to net zero by 2050,...…Register now for FREE unlimited access to Reuters.comLONDON, April 22 (Reuters) - Climate activists shattered 19 windows at HSBC’s headquarters in London’s Canary Wharf on Thursday as part of a protest against the financing of what the group says is devastating climate change that threatens the planet.The female activists from the Extinction Rebellion group used hammers to break the windows and pasted stickers on them before sitting down to wait for the police to arrest them, a Reuters reporter at the scene said."Despite HSBC's pledge to shrink its carbon footprint to net zero by 2050,...WW…

By , , HONG KONG/LONDON (Reuters) - Global banks faced a fresh scandal about dirty money on Monday as they sought to limit the fallout from a cache of leaked documents showing they transferred more than $2 trillion in suspect funds over nearly two decades.The report was based on 2,100 leaked suspicious activity reports (SARs), covering transactions between 1999 and 2017, filed by banks and other financial firms with the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN). Banks are required to file an SAR whenever handling funds that cause grounds for suspicion of...…By , , HONG KONG/LONDON (Reuters) - Global banks faced a fresh scandal about dirty money on Monday as they sought to limit the fallout from a cache of leaked documents showing they transferred more than $2 trillion in suspect funds over nearly two decades.The report was based on 2,100 leaked suspicious activity reports (SARs), covering transactions between 1999 and 2017, filed by banks and other financial firms with the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN). Banks are required to file an SAR whenever handling funds that cause grounds for suspicion of...WW…