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HSBC and 'risk appetite'

As per http://www.bbc.co.uk/news/business-28553921, HSBC are winning friends and influencing people again - they seem to be fairly regularly mentioned on these boards in the context of their increased controls after their 2012 fines but must have expected this latest action to be controversial if it's as coordinated as it would appear. Obviously they're limited in what they can actually say about reasons but inevitably that will just fuel speculation about their motives....

Or is this just the BBC (and others) stirring things up - discuss!

Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    The bank must have wider concerns with regards to the flow of monies into the Middle East. The region is very unstable. Now that ISIS are creating a new Isalamic state.
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