Beltway Confidential

Don’t buy HSBC executive’s fake apology over China propaganda boosting

By Tom Rogan
Published August 7, 2023 9:54pm ET
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Don’t buy HSBC executive’s fake apology over China propaganda boosting
FILE -- In a July 30, 2012 file photo people walk past a logo of HSBC headquarters in Hong Kong . HSBC, the British banking giant, will pay $1.9 billion to settle a money-laundering probe by federal and state authorities in the United States, a law enforcement official said Monday Dec. 10, 2012. (AP Photo/Vincent Yu, file) | Vincent Yu


The head of public affairs for Britain’s multinational HSBC bank has sparked controversy by claiming that London was “weak” for supporting U.S.-led measures to restrict certain trade with China.

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Banks China Hong Kong