Canada and the US are trying to twist and turn the charge against Huawei Meng.

https://sg.finance.yahoo.com/news/canadian-prosecutor-set-defend-u-111334522.html

Yes, bank fraud is a criminal charge in the US and Canada.  However, the so-called "bank fraud" was committed in HK and HSBC never reported the bank fraud in HK.  Therefore, the US and Canada have no legitimate reason to put Meng under arrest.

If Meng is extradited to the US based on bank fraud committed in HK, then all the bank frauds in the world can be extradited to the US.  Meng was first arrested because she violated US sanction against Iran but Canada didn't have Iran sanction at that moment.  Thus, there was no double criminality issue at all in the US & Canada.

The US and Canada have a weak case over Meng.  If these 2 countries continue with their antics, they will lose their credibilities.