Noel Quinn, the CEO of HSBC Holdings, told Bloomberg on Sept. 2 that it’s "an opportunity too big to miss" for HSBC, even though Xi Jinping is cracking down on the rich.

HSBC has got clearance from the Shanghai office of the China Banking and Insurance Regulatory Commission to buy the remaining 50 percent in its venture HSBC Life China, the bank said.

Media reports and corporate records reviewed by Reuters indicate that she built a career in China's financial sector, with reported connections to television journalism, HSBC Private Banking in Hong Kong, CITIC Securities, and Shanghai Hexi Investment

The HSBC headquarters is lit up at the Central Financial District in Hong Kong, on Nov. 3, 2015. (Bobby Yip/Reuters) Barclays, Credit Suisse, and HSBC declined to comment.

HSBC and Standard Chartered both declined to comment on the report.

Holders of British national overseas passports have also been denied access to HSBC pension funds when they leave Hong Kong for the United Kingdom, raising questions as to “whether HSBC is aiding and abetting the government’s policy to restrain exit,”

"They are inconsistent with HSBC’s strategy and do not reflect the views of the senior leadership of HSBC or HSBC Asset Management. Our ambition is to be the leading bank supporting the global economy in the transition to net zero."

HSBC Asia Pacific chief executive Peter Wong attends an HSBC interim results press conference on Aug. 2, 2010.

On Monday, HSBC stock rose as much as 3.5 percent to HK$41.10 in their biggest intraday percentage gain since May 28. HSBC was the second-biggest gainer in the Hang Seng Finance Index. The stock was up 2.1 percent in the afternoon trade.

In a court hearing Monday, Hong Kong High Court judge Linda Chan approved the document-sharing agreement between Huawei and HSBC.

Founded in Hong Kong but headquartered in Britain, HSBC has historically tried to remain politically neutral.

The world’s largest steel company, China Baowu Steel Group, blacklisted HSBC Holdings PLC, claiming that it is a high-risk lender. HSBC Holdings is the only foreign lending institution on Baowu's blacklist.

An international coalition of lawmakers has written to HSBC Holdings Chairman Mark Tucker, calling on the bank to unfreeze Hong Kong pro-democracy activist Ted Hui's accounts.

Meng and Huawei have denied all allegations of misleading HSBC.

She is accused of lying to HSBC about Huawei's control over another company, putting the bank at risk of violating U.S. sanctions against Iran.

She is accused of lying to HSBC about Huawei’s control over another company, putting the bank at risk of violating U.S. sanctions against Iran.

Amazon, HSBC, and Microsoft have been some of the major companies making AI-related cuts. Employment outlooks that account for AI are mixed.

HSBC is sending several senior executives to the region to lead the effort.

Secretary of State Mike Pompeo, citing HSBC bank’s reported conduct toward Hong Kong account holders.

"HSBC has no malice against Huawei, nor has it 'framed' Huawei," it said. "In response to information requests from the U.S. Department of Justice, HSBC only provided factual information.

A PowerPoint presentation that Meng gave to an HSBC banker in Hong Kong in 2013 has been cited by the United States as key evidence against her.

HSBC said that Huawei’s application for disclosure in the UK is “without merit.” “HSBC is not a party to the underlying criminal case in the U.S. or the extradition proceeding in Canada.

An HSBC spokeswoman confirmed the contents of the memo. HSBC had postponed the job cuts, part of a wider restructuring to cut $4.5 billion in costs, in March saying the extraordinary circumstances meant it would be wrong to push staff out.

"Due to complete distrust of HSBC in Hong Kong, my family has immediately transferred their savings to some safe places," Hui said on his Facebook page. HSBC did not immediately respond to requests for comment.

HSBC has not yet closed any accounts and it isn't known if other banks will follow its lead. HSBC last year was criticized for supporting the Chinese Communist Party's (CCP) national security law in Hong Kong.

HSBC said its lending in the last quarter fell 3 percent to $29 billion while deposits rose 6 percent to $85 billion as customers saved more and spent less.

HSBC and StanChart were among the five banks that appeared most often in the documents, the ICIJ reported.

HSBC reported a RoTE of 8.4% for last year, down from 8.6% in 2018. HSBC said it planned to invest more than $100 billion in "higher returning areas", resulting in broadly flat assets in value terms over the three years.

A logo of HSBC is displayed outside a branch at the financial Central district in Hong Kong, China June 2, 2015.

Facebook Inc. and other global companies including LG Electronics Inc., and HSBC are restricting travel to China, as the death toll from a flu-like virus continues to rise on Jan. 28.