Turns out they are closing their retail banking operations in the US
https://abcnews.go.com/Business/wireStory/hsbc-exiting-us-retail-banking-focus-wealth-management-77948591
Turns out they are closing their retail banking operations in the US
I haven’t seen this. If true it may start a run on the banks. Need some sauce for this
I haven’t seen this. If true it may start a run on the banks. Need some sauce for this
https://abcnews.go.com/Business/wireStory/hsbc-exiting-us-retail-banking-focus-wealth-management-77948591#:~:text=NEW%20YORK%20%2D%2D%20British%20banking,West%20Coast%20to%20Cathay%20Bank.
https://ca.finance.yahoo.com/news/hsbc-closing-happen-checking-savings-184722933.html
https://thebusinessimmigrant.com/hsbc-bank-is-closing-down-in-usa-and-france-is-canada-next/
I'm glad I started keeping my savings outside of my bank a year ago. There's lots of places that are safer to keep it. It takes up so little space!
I'm glad I started keeping my savings outside of my bank a year ago. There's lots of places that are safer to keep it. It takes up so little space!
Looks like the Headquarters for the Global Cabal banking sector (City of London) is pulling out all their weapons. HSBC is as Deep State Global Cabal as you get. Keep the people in fear and they are easy to control.
Looks like the Headquarters for the Global Cabal banking sector (City of London) is pulling out all their weapons. HSBC is as Deep State Global Cabal as you get. Keep the people in fear and they are easy to control.
Yes.While I could write a volume on how corrupt HSBC is, the commenters below are correct. They have shifted to "wealth management" and are getting out of retail banking.
Yes.While I could write a volume on how corrupt HSBC is, the commenters below are correct. They have shifted to "wealth management" and are getting out of retail banking.
LOL - I just pinged you on this, but you beat me to it.
LOL - I just pinged you on this, but you beat me to it.
Here's a link. They announced this over the summer. https://www.thenationalnews.com/business/banking/hsbc-exits-retail-banking-business-in-the-us-1.1230688
Shifting in Wealth Management.
Here's a link. They announced this over the summer. https://www.thenationalnews.com/business/banking/hsbc-exits-retail-banking-business-in-the-us-1.1230688
Shifting in Wealth Management.
Something is happening. I go to Kroger every day, now self checkout is all card only. Having physical currency is being deeply discouraged.
Something is happening. I go to Kroger every day, now self checkout is all card only. Having physical currency is being deeply discouraged.
Because they are about to roll out new systems that change everything.
Because they are about to roll out new systems that change everything.
If we allow them to implement cashless we are screwed - and you know it. NOTHING can convince me that cashless is anything other than the nail in our coffin and a complete control takeover.
If we allow them to implement cashless we are screwed - and you know it. NOTHING can convince me that cashless is anything other than the nail in our coffin and a complete control takeover.
It's coming. Not completely cashless but what we've discussed. The fed just submitted their order to the treasury for hard cash this yr. Looks pretty normal other than A LOT more 10 and 20 dollar bills ordered than in past yrs and way less 100 dolla bills than when obama was in office.
Correction to this post. It is 20's and 50's. I typed 10's and 20's.
It's coming. Not completely cashless but what we've discussed. The fed just submitted their order to the treasury for hard cash this yr. Looks pretty normal other than A LOT more 10 and 20 dollar bills ordered than in past yrs and way less 100 dolla bills than when obama was in office.
Correction to this post. It is 20's and 50's. I typed 10's and 20's.
I'm flabbergasted that corrupt HSBC would warn people to clear out their safe deposit boxes.
what are your takes on this?
I'm flabbergasted that corrupt HSBC would warn people to clear out their safe deposit boxes.
@snowdenisaspook what are your takes on this?
I commented on this above. They announced this over the summer. The real question people should be asking is "Why is one of the most corrupt, profitable banks closing and shifting to Wealth Management? Also this announcement came at the same time this https://www.theguardian.com/business/2021/jul/28/hsbc-faces-questions-over-disclosure-of-alleged-money-laundering-to-monitors and here https://www.thebureauinvestigates.com/stories/2021-07-28/money-laundering-ring-pushed-4.2bn-through-hsbc
Now remember these payments went to the Gupta family. This is a very old family in India. https://en.wikipedia.org/wiki/Gupta_Empire#Gupta_administration Obviously a bloodline is watered down through centuries but remember India STILL has a very stringent CASTE system in place. Whether the hsbc gupta can be linked to these https://techcentral.co.za/how-the-guptas-used-the-new-age-to-fleece-the-state/206403/ requires genealogical skills.
And I found it interesting that CNN's chief medical advisor is a Gupta.
Here's a link. They announced this over the summer. https://www.thenationalnews.com/business/banking/hsbc-exits-retail-banking-business-in-the-us-1.1230688
Shifting in Wealth Management.
I commented on this above. They announced this over the summer. The real question people should be asking is "Why is one of the most corrupt, profitable banks closing and shifting to Wealth Management? Also this announcement came at the same time this https://www.theguardian.com/business/2021/jul/28/hsbc-faces-questions-over-disclosure-of-alleged-money-laundering-to-monitors and here https://www.thebureauinvestigates.com/stories/2021-07-28/money-laundering-ring-pushed-4.2bn-through-hsbc
Now remember these payments went to the Gupta family. This is a very old family in India. https://en.wikipedia.org/wiki/Gupta_Empire#Gupta_administration Obviously a bloodline is watered down through centuries but remember India STILL has a very stringent CASTE system in place. Whether the hsbc gupta can be linked to these https://techcentral.co.za/how-the-guptas-used-the-new-age-to-fleece-the-state/206403/ requires genealogical skills.
And I found it interesting that CNN's chief medical advisor is a Gupta.
> Here's a link. They announced this over the summer. https://www.thenationalnews.com/business/banking/hsbc-exits-retail-banking-business-in-the-us-1.1230688
Shifting in Wealth Management.
Quite familiar with the Gupta family. Good point about India's comparatively stringent caste system resulting in a purer bloodline.
Quite familiar with the Gupta family. Good point about India's comparatively stringent caste system resulting in a purer bloodline.
I'm not saying they're all related but I think it's worth pointing out.
I'm not saying they're all related but I think it's worth pointing out.
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