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Stock impact report

Huawei CFO seeks publication ban on HSBC documents in U.S. extradition case [Reuters]

HSBC Holdings, plc. (HSBC) 
US:NYSE Investor Relations: hsbc.com/investor-relations
Company Research Source: Reuters
Huawei Technologies Chief Financial Officer Meng Wanzhou leaves her home to attend a court hearing in Vancouver, British Columbia, Canada March 22, 2021. REUTERS/Jennifer Gauthier Huawei Chief Financial Officer Meng Wanzhou on Monday will seek to bar publication of documents her legal team received from HSBC, a request opposed by Canadian prosecutors in her U.S. extradition case who say it violates the principles of open court. Meng's legal team will present arguments in support of the ban in the British Columbia Supreme Court. Meng, 49, was arrested at Vancouver International Airport in December 2018 on a warrant from the United States, where she faces charges of bank fraud for allegedly misleading HSBC (HSBA.L) about Huawei Technologies Co Ltd's (HWT.UL) business dealings in Iran and potentially causing the bank to break U.S. sanctions on business in Iran. She has been under house arrest in Vancouver for more than two years and fighting her extradition to the United States. Meng has Show less Read more
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