3 ms·
It's HSBC being HSBC, I can't say that I'm surprised. Drug cartels and money laundering are at the core of their brand value.
by realusername 3y ago
It's HSBC being HSBC, I can't say that I'm surprised. Drug cartels and money laundering are at the core of their brand value.
- eYrKEC2 3y agoHopefully Canadian citizens are the "lender of last resort", just like we Americans are the "lender of last resort". The bankers must be made whole -- nothing else matters.
- thriftwy 3y ago"The reason we can say space pirates does not exist is that HSBC does not have a subdivision dedicated to catering to such clients"
- opportune 3y agoIgnorant American here. Isn’t Hong Kong supposed to be the HQ/money exit point for Chinese organized crime? And HSBC is the main bank there, but headquartered in the UK? If I had to guess they are heavily involved with spooks and foreign assets operating in China (and if so, why not use them for non-Chinese intelligence-financial shenanigans?) and a lot of their “illegal” activity is unofficially blessed by foreign intelligence.
- realusername 3y agoFrom their past history I'd say they are in global organized crime, regardless of the country.