A bipartisan group of U.S. lawmakers has demanded clarification from HSBC Holdings Plc over the freezing of accounts of Hong Kong activists and restrictions on the accounts of American citizens, urging the bank to make “immediate rectification” of such acts.
The group of six U.S. senators and members of the Congressional-Executive Commission on China issued a letter to HSBC group chief executive Noel Quinn, requesting “transparent answers” for the bank’s actions.
