Saudi Press

Saudi Arabia and the world
Saturday, Jul 12, 2025

BNP Apologizes for Employee’s Posting on Hong Kong Protests

BNP Apologizes for Employee’s Posting on Hong Kong Protests

BNP Paribas SA became the latest global firm to be dragged into the tensions roiling Hong Kong after the French lender publicly apologized for a posting on an employee’s personal social media account.

The lender’s statement on its website came after an unidentified employee made remarks on Facebook about a pro-Beijing group singing the Chinese national anthem at a shopping mall in the city’s central business district last week, according to a person familiar with the situation, who asked not to be identified discussing a private matter.

“We have spoken to the employee, who has since deleted the post, and we have taken immediate action regarding this matter,” the bank said in a statement on Friday, without elaborating on the content of the posting or the actions it took.

BNP said that while it respects its employees’ freedom of expression, it does not tolerate language that is “disrespectful,” and strongly condemns any action or behavior that contributes to division. The bank declined to elaborate beyond Friday’s comments when reached on Monday.

Foreign lenders are having to tread more carefully as tensions rise in the former British colony, where protests opposing an extradition bill have morphed into a mass repudiation of China’s hold over Hong Kong. JPMorgan Chase & Co., which is in the process of building its presence in China, recently told some staff to ensure that they don’t refer to Hong Kong, Macau or self-governing Taiwan as separate countries in research reports.
Major banks including HSBC Holdings Plc and Standard Chartered Plc last month broke their silence, calling for a peaceful resolution to differences in the city, via newspaper advertisements published in local papers.

The latest incident comes as BNP is seeking to expand its China operations to include brokerage, futures trading and wealth-management ventures. It last month won approval to lead underwrite all types of company notes in the interbank bond market, a long coveted license for those seeking to expand in the nation’s $13 trillion debt market.


Verbal and physical scuffles broke out Thursday during an afternoon sing-off between groups singing the Chinese national anthem and others singing “Glory to Hong Kong,” which some demonstrators see as Hong Kong’s anthem, at the centrally located IFC mall, according to footage broadcast on Cable TV.

Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Kurdistan Workers Party Takes Symbolic Step Towards Peace in Northern Iraq
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
AI Raises Alarms Over Long-Term Job Security
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Russia Formally Recognizes Taliban Government in Afghanistan
Mediators Edge Closer to Israel-Hamas Ceasefire Agreement
Emirates Airline Expands Market Share with New $20 Million Campaign
House Oversight Committee Subpoenas Former Jill Biden Aide Amid Investigation into Alleged Concealment of President Biden's Cognitive Health
Amazon Reaches Major Automation Milestone with Over One Million Robots
Meta Announces Formation of Ambitious AI Unit, Meta Superintelligence Labs
China Unveils Miniature Insect-Like Surveillance Drone
Marc Marquez Claims Victory at Dutch Grand Prix Amidst Family Misfortune
Iran Executes Alleged Israeli Spies and Arrests Hundreds Amid Post-War Crackdown
Trump Asserts Readiness for Further Strikes on Iran Amid Nuclear Tensions
Iran's Parliament Votes to Suspend Cooperation with Nuclear Watchdog
Trump Announces Upcoming US-Iran Meeting Amid Controversial Airstrikes
Trump Moves to Reshape Middle East Following Israel-Iran Conflict
NATO Leaders Endorse Plan for Increased Defence Spending
U.S. Crude Oil Prices Drop Below $65 Amid Market Volatility
Explosions Rock Doha as Iranian Missiles Target Qatar
“You Have 12 Hours to Flee”: Israeli Threat Campaign Targets Surviving Iranian Officials
Oman Set to Introduce Personal Income Tax, First in Gulf
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Iran Intensifies Crackdown on Alleged Mossad Operatives After Sabotage Claims
Trump Praises Iran’s ‘Very Weak’ Response After U.S. Strikes and Presses Israel to Pursue Peace
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Pakistan to nominate Trump for Nobel Peace Prize.
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
G7 Leaders Fail to Reach Consensus on Key Global Issues
Mass exodus in Tehran as millions try to flee following Trump’s evacuation order
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
Vietnam Emerges as Luxury Yacht Destination for Ultra‑Rich
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Netanyahu Signals Potential Regime Change in Iran
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
Energy Infrastructure Becomes War Zone in Middle East
Iran Conducts Ballistic Missile Launches Amid Heightened Tensions with Israel
Iran Signals Openness to Nuclear Negotiations Amid Ongoing Regional Tensions
×