Bloomberg

HSBC denies 'framing' Huawei, says it did not prompt U.S. legal probe

Huawei CFO Meng Wanzhou leaves her home to attend an extradition hearing in Vancouver, B.C., in May 2020. Foto: Darryl Dyck

HSBC, responding to media reports over its dealings with Huawei, denied that it "framed" the Chinese telecom giant, and said it did not spark a U.S. probe of the company.

In its first public comments about Huawei's legal battle in North America, the U.K. bank said it has no "hostility" toward Huawei and did not "ensnare" the company. The bank said it only provided information to the U.S. Department of Justice when it was compelled to do so...

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