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Ex-HSBC Managers Charged in Hong Kong Bribery Scheme

Hong Kong's Independent Commission Against Corruption (ICAC) has charged three former HSBC relationship managers with bribery offenses. The managers, who worked at the Causeway Bay branch, allegedly accepted bribes to expedite account openings for customers. One manager is accused of taking between HK$1,000 and HK$1,200 per referred customer, and also offered bribes to colleagues to assist with account openings. AI

RANK_REASON Regulatory action against employees of a financial institution.

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Ex-HSBC Managers Charged in Hong Kong Bribery Scheme

COVERAGE [1]

  1. SCMP — Tech TIER_1 English(EN) · Eric Jiang ·

    ICAC charges 3 former HSBC managers over accepting bribes to fast-track accounts

    Hong Kong’s anti-corruption watchdog has charged three former HSBC relationship managers with allegedly accepting bribes to help customers jump the queue when opening bank accounts. The Independent Commission Against Corruption (ICAC) said on Thursday that Chan Fu-kwan, 32, Mike …