A former HSBC banker has been acquitted of assaulting his wife in Hong Kong. The court suggested the wife may have attempted to frame him during their divorce proceedings.

A Hong Kong court has acquitted a former HSBC banker of assaulting his wife at their home in a luxury seaside estate last year, suggesting she may have tried to frame him to gain an advantage in divorce proceedings. Kenneth Tung Hoi-yi, who previously led the bank’s financial sponsors group in Asia-Pacific, was also awarded legal costs on Tuesday, after Eastern Court decided that he did not draw suspicion upon himself during the alleged incident at Redhill Peninsula on southern Hong Kong Island....