FN London

Financial News

News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

News

HSBC boss Noel Quinn writes to ex-Hong Kong lawmaker to explain why his accounts were frozen

Ted Hui slams the UK lender for ‘political toadyism’ after freezing his bank accounts and credit cards

By

James Booth

Ted Hui wrote on Facebook that Noel Quinn had told him that HSBC “had no choice” but to legally freeze his bank accounts and credit cards after they’d been instructed to do so by the Hong Kong police
Ted Hui wrote on Facebook that Noel Quinn had told him that HSBC “had no choice” but to legally freeze his bank accounts and credit cards after they’d been instructed to do so by the Hong Kong police Photo: Anthony Wallace/Getty Images

Former Hong Kong lawmaker Ted Hui has criticised HSBC for “political toadyism” after it froze his bank accounts and credit cards.

On 17 January Hui posted an image of a letter he had received from HSBC chief executive Noel Quinn explaining the decision.

WSJ Logo
Bank of England Keeps Rates Steady After Fed Move

Bank of England Keeps Rates Steady After Fed Move

Activist Investor Widens Call for Review of Rio Tinto’s Dual-Listing

Musk Draws First Blood With Spending Bill Bombshell

How the White House Functioned With a Diminished Biden in Charge

European Indexes Fall on Slower U.S. Rate Cut Projections