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Reuters
Reuters
Business
David Brunnstrom and Michael Martina

U.S. lawmakers demand HSBC explain actions against Hong Kong activists, Americans

Hong Kong United States HSBC HSBC Holdings Plc
FILE PHOTO: Pro-democracy protesters hold a banner during a protest urging for the release of political prisoners at Chinese National Day, in Hong Kong, China October 1, 2021. REUTERS/Tyrone Siu/File Photo

Influential U.S. lawmakers have demanded that one of the world's biggest banks, HSBC Holdings Plc, explain its actions in freezing accounts of Hong Kong pro-democracy activists, moves that could leave it liable to severe sanctions under U.S. law.

The bipartisan group of six senators and seven members of the House of Representatives from the Congressional-Executive Commission on China, made the call in a letter sent on Monday to Noel Quinn, group chief executive of HSBC, which has its headquarters in London.

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