HSBC Holdings Plc Chief Executive Officer Noel Quinn is facing pressure from senior politicians on both sides of the Atlantic to explain why the bank has denied some Hong Kong expatriates access to their retirement funds.
Mike Gallagher, chairman of the US Congress Select Committee on China, and Alicia Kearns, chairwoman of the UK Parliament’s Foreign Affairs Select Committee, raised “deep concerns” about the situation in a letter sent to Quinn on Friday.
https://news.yahoo.com/hsbc-under-scrutiny-over-hong-154947525.html