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US Treasury Official Meets with HSBC, Stanchart, BOCHK, Warning against Doing Biz with Russia: Wire
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Jesse Baker, assistant to the US deputy treasury secretary, met with Hong Kong financial institutions such as HSBC HOLDINGS (00005.HK), STANCHART (02888.HK) and BOC HONG KONG (02388.HK) in Hong Kong on 11 December, warning against engaging businesses with Russia as the US wants to fortify the implementation of sanctions imposed on Russia for invading Ukraine, The Nikkei reported.

A Hong Kong Monetary Authority (HKMA) spokesman said the HKMA would not confirm or comment on any meetings, and that the HKMA regularly engaged in dialogue with various stakeholders.

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