Hsbc

Europe's Largest Bank Charged With Forming Criminal Organization

CP | Raf Casert, The Associated Press | Posted 11.17.2014 | Canada Business

BRUSSELS - A Belgian investigating judge has charged a Swiss private banking branch of HSBC with massive organized fiscal fraud, money laundering and ...

Divine Right Of Corporations And Their Government Subsidiaries

Mark Taliano | Posted 01.23.2014 | Canada Business
Mark Taliano

The current trajectories of Canada's predominant political economies are increasingly dysfunctional, due in no small part to the fact that we have become, in many respects, a petro state, rather than the much vaunted "Energy Superpower" that we were promised.

Fun Fact: Not One Crooked Banker Has Gone to Jail

Nick Fillmore | Posted 11.12.2013 | Canada Politics
Nick Fillmore

Not one of the executives at any of the 10 or so giant international investment banks in the U.S. and Europe that imploded the financial system five years ago by using illegal trading methods has gone to jail, or even been prosecuted. Why hasn't more been done? That's a good, and frustrating, question.

Are Criminal Banks Trying to Crash the Economy Again?

Nick Fillmore | Posted 11.05.2013 | Canada
Nick Fillmore

Five years after the Great Recession of 2007-08 destroyed the lives of millions of people and cost trillions of dollars, many of the big investment banks that caused the near total meltdown are still involved in shady and sometimes criminal financial gambling schemes that could crash the world economy again.

Jesse Ferreras

Another Bank Where Canadians Are Training Foreign Replacements

HuffingtonPost.com | Jesse Ferreras | Posted 05.19.2014 | Canada Business

Royal Bank of Canada isn't the only financial institution where employees are busy training their foreign replacements. Sources close to HSBC Bank...

Why We're Losing Our Faith in Capitalism

Diane Francis | Posted 09.12.2012 | Canada Business
Diane Francis

Another sordid example of banksterism -- money laundering -- surfaced this week accompanied, not surprisingly, by a blistering global poll that shows faith in capitalism is shrinking. The HSBC (Hong Kong and Shanghai Bank Corporation), the largest financial institution in Europe, revealed "major internal-control problems" and plans to apologize for its lapses next week to members of a U.S. Senate subcommittee into terrorist and trafficking money laundering.

Chinese Economy's Apparent Slowdown Spooks Markets

CP | Elaine Kurtenbach, The Associated Press | Posted 11.22.2011 | Canada Business

SHANGHAI - Signs that the powerhouse Chinese economy is slowing have spooked global markets and sharpened fears that the world economy will not escape...