Here is another story of fraud by a prominent bank. Some ethical financial experts in the UK have suggested that the decision by HSBC to keep its headquarters in London was no surprise due to the fraud it can get away with. Nicholas Wilson, known as Mr Ethical, has said, “HSBC is being sued all over the world for its crimes. It should be no surprise that the world’s most criminal bank should stay in the world’s financial crime centre, the city of London”.
Joel Benjamin, an ethical finance researcher has said “HSBC has expended significant financial and human resources to the task of infiltrating and capturing regulators and decision makers at every level of Government”
In 2012 HSBC were fined $1.9 billion by the US after the bank had helped launder money for drug cartels and sanctioned Governments. In 2015 the Swiss authorities fined the bank 40 million francs for corruption but the UK authorities failed to do anything. Leaked documents also showed the bank helped some 30,000 wealthy clients to dodge tax. The UK’s Financial Conduct Authority (FCA) promised a thorough investigation but then dropped the investigation.
Joel Benjamin has said “With HSBC executive Rona Fiarhead now running the public interest BBC trust, it is very rarely that HSBC crimes even rate a mention in the UK media”.
I do believe Australia is acquiring an ex Goldman Sachs employee as the new head at the ABC once Mark Scott has gone. Australia already has an ex Goldman Sachs Chairman as Prime Minister. We also have an ex bankster as Premier of New South Wales. My local Mayor is an ex media head and ex bankster.
The head of the FCA was sacked because he stood firm against “city criminality”. He was replaced by a banker. Both Benjamin and Wilson suggest this is done so banks have a say in even more relaxed, softer regulation. Benjamin said, “The window for reforming criminal banks in the wake of the 2008 crash is now officially dead”.
This means the next crash that is here now or almost here will see the people’s money taken from them and handed to the banks because they are not allowed to fail. The President of the US has recently said, in relation to a Presidents job, it is to ‘have to make sure the banking system doesn’t collapse”.
Start this video at the 2:00 mins mark or watch it all for 2 mins 59 secs.
This is Nicholas Wilson’s must see website. He has spent 12 years researching the facts and there is evidence for everything he shows. He follows the trail and connects the dots very well.