U.S. markets closed
  • S&P 500

    4,232.60
    +30.98 (+0.74%)
     
  • Dow 30

    34,777.76
    +229.23 (+0.66%)
     
  • Nasdaq

    13,752.24
    +119.39 (+0.88%)
     
  • Russell 2000

    2,269.82
    +28.40 (+1.27%)
     
  • Crude Oil

    64.85
    +0.14 (+0.22%)
     
  • Gold

    1,832.90
    +17.20 (+0.95%)
     
  • Silver

    27.56
    +0.08 (+0.28%)
     
  • EUR/USD

    1.2170
    +0.0101 (+0.84%)
     
  • 10-Yr Bond

    1.5770
    +0.0160 (+1.02%)
     
  • GBP/USD

    1.4002
    +0.0110 (+0.79%)
     
  • USD/JPY

    108.6020
    -0.4830 (-0.44%)
     
  • BTC-USD

    57,800.19
    +1,745.42 (+3.11%)
     
  • CMC Crypto 200

    1,493.00
    +57.22 (+3.99%)
     
  • FTSE 100

    7,129.71
    +53.54 (+0.76%)
     
  • Nikkei 225

    29,357.82
    +26.45 (+0.09%)
     

HSBC and Huawei CFO reach agreement on document publication linked to extradition case

  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
FILE PHOTO: Huawei Technologies CFO Meng Wanzhou leaves her home to attend a court hearing in Vancouver
  • Oops!
    Something went wrong.
    Please try again later.

HONG KONG (Reuters) - HSBC and Huawei Technologies' Chief Financial Officer Meng Wanzhou have reached an agreement in a dispute about the publication of documents relating to U.S. fraud allegations against her, their lawyers told a Hong Kong court.

The judge, Linda Chan, made court orders along the lines of the agreement, she said on Monday. The orders were, however, not immediately available.

The legal dispute reached the Hong Kong court last month after a British judge in February blocked the release of internal HSBC documents relating to the fraud allegations against Meng.

Meng, who has been under house arrest in Canada since being detained at Vancouver airport in 2018, is facing charges of bank fraud in the United States for allegedly misleading HSBC about Huawei dealings in Iran, causing the bank to violate U.S. sanctions.

Meng, who says she is innocent, was seeking the publication of documents relating to her ongoing efforts to battle extradition from Canada to the U.S.

Responding to Reuters' request for comment on Monday, a Huawei spokesman and an HSBC spokeswoman said they had reached an agreement, but did not provide any further details.

(Reporting by Alun John in Hong Kong and David Kirton in Shenzhen; Editing by Sumeet Chatterjee and Ana Nicolaci da Costa)