HSBC: The Money Laundering Scandal | Shady Business

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  • Опубліковано 24 гру 2024

КОМЕНТАРІ • 1 тис.

  • @Baqbaq_badhanaa
    @Baqbaq_badhanaa Рік тому +265

    As a professional money launderer, I'm worried about where the world is heading to

    • @DJRenee
      @DJRenee Рік тому +27

      It definitely isn't heading towards honesty or morality, so you are good.

    • @mohdfahmi8841
      @mohdfahmi8841 Рік тому +5

      Ai.

    • @jemiez9383
      @jemiez9383 Рік тому

      Yeah. You got to worry because sooner or later you will lose your job as professional money launderer because AI will take over to do the launder instead of human. Maybe you got to learn new skill such as professional pickpocketters or professional roadside beggars😂😂😂😂😂😂

    • @CLM2204
      @CLM2204 Рік тому +5

      A👁️

    • @aimirror
      @aimirror Рік тому +4

      not sure you are entitled to the right to "have feelings about it..." You should probably be in jail.

  • @monkeyking-self-proclaimed7050
    @monkeyking-self-proclaimed7050 Рік тому +186

    HSBC is not the only bank that does this.

    • @Juan_Hernandez_Jr.
      @Juan_Hernandez_Jr. Рік тому +2

      Who else does it?

    • @giorgio988
      @giorgio988 Рік тому +17

      Too many to name do your research

    • @gmorin3
      @gmorin3 Рік тому +13

      Because he doesn't know😂

    • @kara1599
      @kara1599 Рік тому +5

      even if it is true, it does not justify what they do.

    • @missychan1
      @missychan1 Рік тому +15

      Swiss accounts ring a bell?

  • @AwokenEntertainment
    @AwokenEntertainment Рік тому +31

    it's incredible to think that these banks are involved in such high levels of corruption.. it's like who can you even trust these days??

    • @JeffsWig
      @JeffsWig 11 місяців тому

      Nobody in positions of power because the good guys get removed and replaced

  • @danielfisher6501
    @danielfisher6501 Рік тому +540

    As a hitman, this is exactly why I bank with HSBC. I turn up with large amounts of blood soak money, and they ask few questions.

    • @0401412740
      @0401412740 Рік тому

      Chinese bank

    • @LimJiaKim
      @LimJiaKim Рік тому

      ⁠@@0401412740HSBC was set up By The British during the opium war to do all the business transactions. As such hsbc was heavily involved in drug in their past.

    • @tommyeschung
      @tommyeschung Рік тому +18

      L,fao

    • @HaadBajwa-q9n
      @HaadBajwa-q9n Рік тому +46

      What are the few questions that they ask? Just curious! 😂 Perhaps; Is this blood or ketchup?

    • @chrisfisher6700
      @chrisfisher6700 Рік тому +22

      Clearly never onboarded with HSBC as a client. They ask literally an hour of completely moronic questions. I wonder if they even listen to the answers as long as you don't make some kind of egregious admission.

  • @jpducati916
    @jpducati916 Рік тому +19

    Banks are above Government and Regulation. Criminal Syndicate.

  • @WheelerRickRambles
    @WheelerRickRambles Рік тому +39

    Curious, how many US politicians have accounts there and had accounts there?

    • @Mike-B.
      @Mike-B. Рік тому +7

      And how many Supreme Court Justices of the Red variety?

    • @noodleppoodle
      @noodleppoodle Рік тому +2

      HSBC is also a high street bank so could be many xd

    • @arkanterian4663
      @arkanterian4663 Рік тому +3

      Most likely all of them

    • @WheelerRickRambles
      @WheelerRickRambles Рік тому

      @@arkanterian4663 😂👍… ALL … that’s probably the real deal.

    • @giorgio988
      @giorgio988 Рік тому +4

      Clinton foundation

  • @bobjuniel8683
    @bobjuniel8683 Рік тому +37

    Our man from Hong Kong. The real reason the UK was not happy that their 99 year lease had come to an end.
    HSBC The Hong Kong and Shanghai Banking Corporation would be exposed to Chinese and International scrutiny. The UK's Spiders Web of illegal trading and money laundering had lost its safe house. from the City of London, to the Cayman Islands, Singapore and more.
    Abolishing cash will not stop money laundering or crime, because the biggest criminals are entrenched in the establishment and halls of power.

    • @wallychan2816
      @wallychan2816 Рік тому +3

      Texas-based Dimensional Fund Advisors is the largest institutional shareholder of HSBC. Jane Street Group and Morgan Stanley round out the top three largest institutional shareholders of HSBC.

    • @Siblingsking123
      @Siblingsking123 Рік тому

      @@wallychan2816can we talk?

    • @baibhav11
      @baibhav11 Рік тому +1

      Do you think decentralised currencies such as Bitcoin could solve the problem?

    • @DJRenee
      @DJRenee Рік тому +1

      Thank you. Eliminating cash only impacts regular people.

    • @DJRenee
      @DJRenee Рік тому

      ​@@baibhav11heck no

  • @brunopetit9538
    @brunopetit9538 Рік тому +20

    The problem is these international banks are so large no one has any ultimate control on what they are doing both within and outside of these organisations. Too big to fail and too big to control!

  • @harlyslamm2888
    @harlyslamm2888 Рік тому +6

    I dont know what the fuss is about, the British primary setup HSBC to do exactly this...

  • @marcoprolo7318
    @marcoprolo7318 Рік тому +23

    Wikipedia: "After the British established Hong Kong as a crown colony in the aftermath of the First Opium War, merchants from other parts of the British Empire, now in Hong Kong, felt the need for a bank to finance the growing trade, through Hong Kong and sometimes also through Shanghai, between China and India, the rest of the British Empire and Europe, of goods, produces and merchandises of all kinds, but especially opium, cultivated in or transited (re-exported) through the Raj."
    Knowing the history of that entity, let say I won't use that bank in a near future. Let's not forget the Brits used to terrorize the Chinese to force them to take in these opioid drugs. I wonder how many families were destroyed because of these predators.

    • @Truthseeker371
      @Truthseeker371 Рік тому +3

      And, some thesis show the aftermath of opium use is reflected on the numbers of Southern Chinese mentally ill patients. It goes on from generation to generation. What's new about colonialism effects???

    • @ricardosoto5512
      @ricardosoto5512 Рік тому

      President Roosevelt's grandfather made his fortune from the opium trade .... 🤔

    • @wallychan2816
      @wallychan2816 Рік тому +1

      please do a search about "Opium War"

    • @wallychan2816
      @wallychan2816 Рік тому +1

      Now: Texas-based Dimensional Fund Advisors is the largest institutional shareholder of HSBC. Jane Street Group and Morgan Stanley round out the top three largest institutional shareholders of HSBC.

  • @EdelineLim
    @EdelineLim Рік тому +109

    "HSBC was not necessarily created by opium traders but was created by traders who happen to be involved in opium." 😮

    • @SeanFortune1
      @SeanFortune1 Рік тому +16

      The sky is not blue, it's light blue

    • @ericg6161
      @ericg6161 Рік тому +4

      Blue is the sky😂

    • @suziemalloy7216
      @suziemalloy7216 Рік тому

      💅 Nailed It¡!!!!!!!😅😮😅🎉🎉🎉🎉

    • @xman666soad
      @xman666soad Рік тому +7

      They’re not drug farmers, they’re agricultural experts!

    • @bill4056
      @bill4056 Рік тому

      That right, opium traders has no banks to deposit because its ilegal in Hongkong, thats why they created it after opium war when British rules Hongkong of China for 💯 yrs

  • @anayshendey
    @anayshendey Рік тому +97

    One of the best documentaries I’ve seen in recent years.. great job 👏

  • @davidmccabe4041
    @davidmccabe4041 Рік тому +23

    The British pioneered tax evasion......just look at jersey, guernsey (famous for captive insurance), the isle of man, grand cayman (off shore funds), bermuda ( off shore insurance) and to a lesser extent seychelles and malta all encouraged to stand on their own economic feet and not be reliant on the UK Exchequer. David mccabe chartered accountant dublin ireland

    • @jakeblair4215
      @jakeblair4215 Рік тому

      City of London has a permanent MP who sits in the house whose sole job is to inform the banks and royalty. Terrible soul sucking capilisitic legal money laundering from the colonists days

  • @EaglesAndStandard
    @EaglesAndStandard Рік тому +20

    It’s the same old routine, but it never gets old

    • @jmc8076
      @jmc8076 Рік тому +4

      Same in most countries. Good doc video on mass gold laundering in Africa. In Canada it’s thru casinos and real estate. The US well you know.

  • @maxheadrom3088
    @maxheadrom3088 Рік тому +50

    HSBC: "We understand China and we do banking like the British!"

    • @wallychan2816
      @wallychan2816 Рік тому +1

      You sure it’s British?Just because the head quarter is in UK.

    • @babangill551
      @babangill551 Рік тому

      ​@wallychan2816 British are the root cause of 100% of world problems. So we are not just sure, but we believe it's British

    • @johnsonjohnson3122
      @johnsonjohnson3122 Рік тому +3

      ​@@wallychan2816it is just a saying, showing how HSBC positioning themself since colonial time, and it continue until today. Like the guy said. The most Western bank for Chinese = The most Chinese bank for Westerner.

    • @chahal_s
      @chahal_s Рік тому

      ​@@wallychan2816The Hongkong and Shanghai Banking Corporation

    • @JL-oi8di
      @JL-oi8di Рік тому +1

      @@johnsonjohnson3122not Chinese bank at all. Chinese usually use their own banks

  • @charlessoukup1111
    @charlessoukup1111 Рік тому +17

    Laundering?? What the hell FOR when it flows like water all behind the scenes tho seems the govt knows every penny we get & spend??

  • @Ellevs1
    @Ellevs1 Рік тому +7

    Now try to put a few thousand cash on your bank account and you’ll be under investigation for money laundering. One rule for them, another for everyone else.

  • @qasimrashidi6870
    @qasimrashidi6870 Рік тому +31

    as long as politicians and crimes exist. banks will launder money.

  • @donaldvansuilichem7452
    @donaldvansuilichem7452 Рік тому +5

    If you put all midlevel and top management in jail for 30 years this money laundering will stop.

    • @cd-rom.
      @cd-rom. 7 місяців тому

      It’ll just get more expensive.

  • @bhavtosh5328
    @bhavtosh5328 Рік тому +3

    Laws are only for
    common Americans.
    There is no law for big
    corporates.

  • @seanmolloy6188
    @seanmolloy6188 Рік тому +19

    I find it very interesting. I worked for Terex Corporation for over 13 years, and they would pride themselves on transparency, doing the right thing, moral obligations, and all that, but they switched to HSBC after all the trouble that they had gotten into. Then, a few years after the switch, they started shutting plants down, eliminating jobs and shipping work to Mexico.

  • @bill4056
    @bill4056 Рік тому +1

    HSBC is owned by the BRITISH. and HSBC is Located in Hongkong to serve those connected with opium trade after the opium war

  • @cinemaipswich4636
    @cinemaipswich4636 Рік тому +14

    If I had lots of money, HSBC would be the first bank I would engage.

    • @Curlyblonde
      @Curlyblonde Рік тому

      Deutsche Bank, Wells Fargo too provides excellent laundering services. Both have paid their fines and are good to continue providing this service.

    • @dragonite87
      @dragonite87 8 місяців тому +1

      I bank with HSBC Australia. They offered me a prerty competitive home loan rate, plus a $3300 bonus to switch, plus they have other benefits.
      They are corrupt but our Big 4 Banks aren't much better.

  • @waltclarke2618
    @waltclarke2618 Рік тому +2

    For countries that mainly produce illegal drugs how else can they bank?

  • @hsk8787
    @hsk8787 Рік тому +29

    As a druglord i love hsbc's servive. No questions, no issues.

  • @Jim_maco
    @Jim_maco Рік тому +2

    9 out of ten ppl with millions in dirty money launder it at HSBC

  • @emperorpenguin4663
    @emperorpenguin4663 Рік тому +4

    I laundered so much money I have just run out of detergent

  • @youtuber9758
    @youtuber9758 Рік тому +4

    HSBC, BCA, Bank of China, Swiss Bank, you name it.

  • @Mikeyang1975
    @Mikeyang1975 Рік тому +17

    You can see how cynical the people interviewed and worked directly and indirectly for that corrupt bank.

    • @Piaseczno1
      @Piaseczno1 Рік тому +1

      Yes. That Cha woman is deadly corrupt, not blind.

  • @kara1599
    @kara1599 Рік тому +40

    too big to prosecute, exactly it is!! this world always works for powerful people, who benefit from dirty systems.

    • @nolramonairam3098
      @nolramonairam3098 Рік тому +3

      exactly.. when everyone has a piece of the pie who cares for those unhappy.

    • @GAURAV25855ify
      @GAURAV25855ify Рік тому

      Thats True how is that president can be prosecuted but not
      These parasite scumbags how ironic

    • @manuelcorpuz4408
      @manuelcorpuz4408 9 місяців тому

      Bro if a bailable offense wont stop me and still i get profit after paying repeat is the key

  • @edwardmiller9611
    @edwardmiller9611 Рік тому +1

    This bank should Not be allowed to do any business in North America and Europe.

  • @paulgilliland2992
    @paulgilliland2992 Рік тому +3

    Impossible to keep drug money out of any banking system anywhere including the USA . There’s always going to be a banker for anyone with vast sums of dirty money . This is the chance they take accepting the cash .

    • @Curlyblonde
      @Curlyblonde Рік тому

      You can always stuff your excess cash you don't want on the books in the walls of your home like Pablo Escobar or creepy preacher Joel Osteen did. Also provides good insulation. No bank or accounting fees either. Saves you a trip to the bank.

  • @stingray120
    @stingray120 Рік тому +2

    5:20 TRANSLATION: "And so if you are a Mexican or Colombia Drug Lord wanting to launder your money, the first thing you should do is call HSBC in Hong Kong.

  • @alfredkariuki650
    @alfredkariuki650 Рік тому +7

    parking ticket fines = 2 billion dollars

  • @ryanreedgibson
    @ryanreedgibson Рік тому +1

    Not many rich Chinese who haven't been locked up by the CCP or restricted. I wonder how the current market deflation in China will effect this bank? I owed HSBC 180k on an unsecured line of credit with no personal guarantee. When I dissolved my legal entity, I walked away. US Corporate law allows it and HSBC was so greedy they forgot to ask for the personal guarantee.

  • @finurra3905
    @finurra3905 Рік тому +3

    even as a young 20 year old undergrad business student from an impoverished neighborhood in LA, I knew these guys were gangsters. No better than the dudes I grew up. I could smell it.

  • @MrOharaj
    @MrOharaj Рік тому +1

    at 23:50 when he desribes cartel members placing deposits into HSBC. Have you ANY IDEA what would happen to those employees if they refuse the "polite request" ?

  • @burntrubber7458
    @burntrubber7458 Рік тому +3

    If they would've let them collapse it would send a message to all crooks. Unfortunately, they won't because they're in on it too!

  • @bobm8637
    @bobm8637 Рік тому +2

    Don't all banks do this?

  • @hsk8787
    @hsk8787 Рік тому +6

    How many times does hsbc need to get caught before something actually happens?

    • @Play4Vida
      @Play4Vida Рік тому +1

      Why would anything change? You think the government doesn't know? Entities like this need to exist.

    • @Curlyblonde
      @Curlyblonde Рік тому

      Where would all the Royals hide their tax-free money?

  • @TanBull233
    @TanBull233 Рік тому +2

    Guess what the two lions outside HSBC building called? Money & Laundering

  • @leprechaun7667
    @leprechaun7667 Рік тому +8

    Every Bank is the same!! They all doing it

  • @boyguapito1
    @boyguapito1 Рік тому +3

    *HSBC* is (or was) _The World’s largest Bank._
    Not Asking were the money comes from, facilitating money laundering, and creating off shore shell companies to hide hard-earned money and even tax evasion is paradise.

  • @TheSmartLawyer
    @TheSmartLawyer Рік тому +6

    I received a letter not that long ago that HSBC didn't want my accounts for being under $5M and that unless I made arrangements they would transfer all my accounts to Citizens. Oh well. Maybe this is why.

    • @wallychan2816
      @wallychan2816 Рік тому +2

      maybe you should just keep you $1.50 in a piggy bank for now. BTW Most Banks are cover by government Insurance of only around $150,000,00 per account under same name. In other word you'll get around $150,000.00 if ever the bank goes under. The real wealthy people diversify assets. And no your money don't wait for you inside the bank vault. Oh Sorry, maybe you are a real lawyer, would know better than I

  • @KevinCormack
    @KevinCormack Рік тому +2

    This is the bank the Royal Bank of Canada RBC wants to buy?

  • @patrinachia6197
    @patrinachia6197 Рік тому +5

    Common on! Which bank is not guilty of this?

  • @zeezee7856
    @zeezee7856 Рік тому +4

    How much more do I have to take before it’s stopped?!

  • @wallychan2816
    @wallychan2816 Рік тому +39

    Texas-based Dimensional Fund Advisors is the largest institutional shareholder of HSBC. Jane Street Group and Morgan Stanley round out the top three largest institutional shareholders of HSBC.

    • @DJRenee
      @DJRenee Рік тому

      😮

    • @GAURAV25855ify
      @GAURAV25855ify Рік тому +1

      They have holding in Florida near the Miami dade area

  • @rwksasc
    @rwksasc Рік тому +15

    HSBC: we launder money better than anyone.

    • @Curlyblonde
      @Curlyblonde Рік тому

      HSBC:
      Headquarters of
      Scammer
      Banking
      Corporation

  • @Jojoxxr
    @Jojoxxr Рік тому +6

    Nice work hsbc, doing your bit to also enable funding for global human trafficking (ie sound of freedom) and also rinsing trillions thru realestate worldwide thus over inflating housing/property values. A real pillar of society

  • @lilytea3
    @lilytea3 Рік тому +8

    0:46: 🏦 HSBC, a global bank, has been involved in various illicit activities such as money laundering and tax evasion.
    10:11: 🏦 HSBC in Hong Kong is a safe haven for money laundering and tax evasion.
    18:52: 🏦 HSBC, originally created by traders involved in the opium trade, has become a global empire but faced criminal charges for money laundering.
    27:09: 😡 HSBC, a global bank, escapes trial and is fined only two billion Euros for money laundering and violating international sanctions, leading to public anger and accusations of being too big to jail.
    34:17: 💰 HSBC, a global bank, strategically moves its headquarters to London while keeping its heart of business in Hong Kong to maintain stability and permanence during the transition of Hong Kong to China.
    44:08: 🏦 HSBC, a British bank, was rescued by Chinese money and became a champion of globalization.
    56:48: 🔍 HSBC avoids prosecution for aiding tax evasion and money laundering, with the bank's leaders escaping accountability.
    1:07:22: 🏦 HSBC, the largest employer of the city, aligns with China's ambitions and helps facilitate its global expansion.
    1:17:48: 💰 HSBC's involvement in China's financial system poses a threat to global stability.
    Recap by Tammy AI

  • @Schminner
    @Schminner Рік тому +8

    The Incredible Hulk banks with HSBC... don't make HSBC angry. You wouldn't like it when HSBC is angry.

    • @jmc8076
      @jmc8076 Рік тому +1

      How old are you? 😂

  • @zeniktorres4320
    @zeniktorres4320 Рік тому +1

    Funny that Western governments and western corporations and wealthy individuals don't get a mention in these documentaries. They are squeaky clean obviously.

  • @LimbovitschHaim4Mir
    @LimbovitschHaim4Mir Рік тому +5

    16:25 !!! HSBC also printing and issuing the HK's dollars !

  • @garymiller4141
    @garymiller4141 Рік тому +2

    Well I guess HSBC does not have to worry about a bank run like somany in the USA,With all of those illegal deposit there balance sheets must be bursting ar the seems

  • @jonasguanzon5540
    @jonasguanzon5540 Рік тому +5

    How the government use the taxes properly

    • @wallychan2816
      @wallychan2816 Рік тому

      Government and the word properly can only fool cave man living in stone age

  • @ReikiHealing-fk3bx
    @ReikiHealing-fk3bx Рік тому +5

    It should be renamed Bank of Canada

    • @Curlyblonde
      @Curlyblonde Рік тому

      Our economy and housing market in Canada would collapse if it weren't for all the laundered money coming in.

  • @201sovereign
    @201sovereign Рік тому +158

    I love banking with HSBC. Very helpful staff. Good to know if things go bad, and I am on the wrong side of the law, HSBC got my back☺️👍

    • @criptovida
      @criptovida Рік тому +2

      😅

    • @foreverseethe
      @foreverseethe Рік тому +2

      that's hilarious.

    • @jmc8076
      @jmc8076 Рік тому +13

      You think any bank has your back? Nice to live in your world.

    • @EtherealTrader
      @EtherealTrader Рік тому +6

      Same reason why I picked them when I moved to Dubai 😂

    • @BugsyBologna
      @BugsyBologna Рік тому +6

      They’ll just wash your problems away.

  • @davidangel6469
    @davidangel6469 Рік тому +1

    Where are the Deutsche Bank/ Cypress Bank money laundering videos-- after all money laundering is A GLOBAL PROBLEM

  • @lorrainepalmer2952
    @lorrainepalmer2952 Рік тому +5

    Started with drug money and laundered drug money.

  • @ZoKitchen
    @ZoKitchen Рік тому +1

    Great job 👏

  • @АлександрЛещенко-ж2й

    As a druglord i love hsbc's servive. No questions, no issues.. Corporate corruption knows no geographical bounds..

    • @Pe6ek
      @Pe6ek Рік тому

      Fix your grammar child.

  • @winglamgracechan2185
    @winglamgracechan2185 Рік тому +2

    Strongly agree that HSBC should close down the business. The Group processes lot of suspicious transactions, however, HKMA (HK regator), HK police and JFIU took no prosecution of any staff working at the bank. The HSBC Group processes lot of transactions of layering accounts and making Fraud is a serious problem in HK now. Compliance staff at banks have no excuse of not having AML knowledge but to process suspicious transactions, it is wilful blindness and avoidance of knowledge.

  • @trumpthelegend6357
    @trumpthelegend6357 Рік тому +5

    I watch these types of documentaries to get ideas. Thank you

  • @Sirius-me5zy
    @Sirius-me5zy Рік тому +4

    As long as you got the right amount of money,HSBC will help you launder the money,profit 1st ,ethical last,good for the robbers and thieves

  • @KeepRCHN4TheSTRS
    @KeepRCHN4TheSTRS Рік тому +1

    How else will these top-of-the-line fentanyl precursors and methamphetamine precursor money be washed?

  • @zackali9934
    @zackali9934 Рік тому +34

    The conclusion i get from this documentary is that it's not the criminal and corrupt practices of HSBC they have an issue with but that its connected to and does business with china

    • @lenadong7848
      @lenadong7848 Рік тому +3

      But they’ve been laundering money since they were under British rule, and China actually put some, though not much, regulations on them. Also, China won’t have control over Hong Kong, and hence this bank, for another 20 some years (Great Britain only agreed to give back Hong Kong if Chinese government does not move into Hong Kong 50 years after getting the land back).

    • @LenaLuthorWife
      @LenaLuthorWife Рік тому +2

      YESS!! I am only halfway through this documentary and I was like hmmmm.. this is so one-sided. they have problems cos the clients are all from china and there is where the influx of profits from asia. so, these americans/jews financial systems like jpmorgan etc are not happy. the only conclusion I can come out with in this documentary is HSBC intentionally did this to promote their services to the ppl who they are targeting their bank to OR just jealousy from americans/jews/european financial businesses and govt.

    • @gwyndolinschnee7015
      @gwyndolinschnee7015 Рік тому

      Its more of an opinion piece at that point, yes.

  • @ADR.1993
    @ADR.1993 Рік тому +3

    Wow they had a huge stadium and corporate building in downtown Buffalo NY 😮
    The whole time….

    • @wallychan2816
      @wallychan2816 Рік тому

      Wake up dude, should see their buildings PS Texas-based Dimensional Fund Advisors is the largest institutional shareholder of HSBC. Jane Street Group and Morgan Stanley round out the top three largest institutional shareholders of HSBC.

  • @nsambataufeeq1748
    @nsambataufeeq1748 Рік тому +1

    Its just capitalism, there's dirty money out there that needs banking, some one has to provide the service.

  • @hani786ish
    @hani786ish Рік тому +3

    I’m sure HSBC isn’t the only bank who’s involved in money laundering.

  • @Perspectiveon
    @Perspectiveon Рік тому +2

    Accountability is a necessity or crisis will keep emerging becoming ever worse. Bailouts and leniancy has to stop and any implications has to be dealt with as they arise no matter how severe. The people at the top especially in the Judicial system has to recognize this or go !

  • @sennasennina4891
    @sennasennina4891 Рік тому +37

    We all know who is really behind HSBC. Intelligence services use as well HSBC for their operations like other offshore organizations. Not everything is approved by the Congress and the government. Money is very fluid and institutions like the HSBCs are created to facilitate their use. If you are a regular taxpayer, you would be part of the 99.9% of the world that obeys its rules and laws. Unfortunately, the rules are only made for the same 99.9% and NOT 0.01%. This is reality and nothing could change it.

    • @adityonugroho7247
      @adityonugroho7247 Рік тому

      like mission impossible stuff ?

    • @jmc8076
      @jmc8076 Рік тому

      Do you honestly believe any back is honest and or not involved w/something?

    • @wallychan2816
      @wallychan2816 Рік тому +2

      Texas-based Dimensional Fund Advisors is the largest institutional shareholder of HSBC. Jane Street Group and Morgan Stanley round out the top three largest institutional shareholders of HSBC.

  • @bravosierra2447
    @bravosierra2447 Рік тому +1

    HSBC is not afraid to do it.

  • @khalidmustafa7844
    @khalidmustafa7844 Рік тому +3

    They are only doing what the rest are doing ,switzerland rings a bell

  • @monkeynorn
    @monkeynorn Рік тому +1

    Am so boycotting HSBC after watching this insightful documentary.

    • @-BlackTalon-
      @-BlackTalon- Рік тому

      like your pennies are gonna hurt their trillions any...

  • @alpburak
    @alpburak Рік тому +4

    Take HSBC down and another bank will immediately rise to fill its shoes. There is really very little to do when the entire system is broken.

    • @Curlyblonde
      @Curlyblonde Рік тому

      Especially when you move HSBC bank management into high ranking government positions.

  • @Paochinblog
    @Paochinblog Рік тому +2

    Connection with big four accounting firms?

  • @neilbradley9035
    @neilbradley9035 Рік тому +2

    I'm a Hong Kong resident who banks with HSBC, I'm also a US citizen. They don't allow me to put any of my money in investment.

    • @JL-oi8di
      @JL-oi8di Рік тому

      I love Hsbc as a hker, it is the best bank I have used. All banks do dirty things

  • @hugobose2668
    @hugobose2668 Рік тому +1

    Now go to Bahamas and virgin island and find out what they do

  • @deevee4994
    @deevee4994 Рік тому +16

    HSBC is just world hub to interlink money flows for a fee between Governments, Businesses, and Criminals. There has always been protected institutions like HSBC in commerce history to maintain the status que.

  • @quynhnhi189
    @quynhnhi189 Рік тому +1

    This is an excellent video!

  • @batonrouge6446
    @batonrouge6446 Рік тому +3

    When the guy gave his handing over of the bank speech, who was the female sobbing like she was at a funeral? What was her malfunction?

  • @marieazrak1951
    @marieazrak1951 Рік тому +2

    That’s ironic. He’s a preacher at the church, but he works for a bank and breaks the law And now he’s in the house of lords.

    • @Curlyblonde
      @Curlyblonde Рік тому

      Religion is the Opium of the masses.
      Look at the Vatican Bank too. Protected by diplomatic immunity and no accountability, they are also involved in many shady bank deals. Your Sunday tithing at work.

  • @Ves_lft
    @Ves_lft Рік тому +4

    Thank you for the insights!!

  • @ІринаЛапчук-м9ю
    @ІринаЛапчук-м9ю 2 місяці тому +1

    Таке враження, що всі крадуни..

  • @OFFICEoftheMAN
    @OFFICEoftheMAN Рік тому +7

    There is no money in the world since 1933…

  • @suziemalloy7216
    @suziemalloy7216 Рік тому +1

    After 25 years on Wall Street and 5 in anti-money laundering. I found something so big. I am now assistant manager at Jack in the Box🎉in Yuma, AZ.😮

  • @yimengz8778
    @yimengz8778 Рік тому +4

    The French attacked a prestigious British Bank.

  • @LifeinAmerica2022
    @LifeinAmerica2022 Рік тому +2

    And yet I sent a total of $11k and now Western Union flagged me.

  • @earag31415
    @earag31415 Рік тому +8

    My interest account was closed with little notice as per their discretion. The reason really being they weren’t getting any money from me. A bank that acts that way is just sketchy.

    • @africanbeauty7
      @africanbeauty7 Рік тому

      They did the same to me. Lying, thieving, no good scoundrels.

    • @Curlyblonde
      @Curlyblonde Рік тому

      They want the Big Boys with suitcases full of cash.

  • @rsjoh108
    @rsjoh108 Рік тому +1

    British scammed it proper then for 99 years, nice and easy

  • @davidmccabe4041
    @davidmccabe4041 Рік тому +15

    In the early 1990s i visited luxembourg on a day when the banks were open but a day which was a public holiday in Germany. Every parking space was occupied by German registered cars, all posh restaurants were full....it was the first time i saw money laundering in practice as German residents deposited their savings outside the eyes of the German tax authorites. David Mccabe chartered accountant Dublin Ireland

    • @suziemalloy7216
      @suziemalloy7216 Рік тому

      WOW😮😢😢

    • @waltclarke2618
      @waltclarke2618 Рік тому

      You don't blame them though, why should you pay taxes to a government who themselves are corrupt and misusing the money.

    • @chrisg4rr377
      @chrisg4rr377 Рік тому +2

      Maybe the germans went out for a drive to get some Schnitzel and took a wrong turn, got lost and stopped in Luxembourg to check the map

  • @AdgerOnScene
    @AdgerOnScene Рік тому +1

    As a POOR Black woman Descended from Slaves in the US, I am disgusted. This all in 2023 is proof to me, that God is officially dead

  • @emilylam9893
    @emilylam9893 Рік тому +4

    You just attacked the one bank

    • @nikolas_5629
      @nikolas_5629 Рік тому +1

      Bcoz its belong to asian not European, last 5decades ago its became swiss bank great profit, &none country could asking about money laundry to them...

  • @IhabFahmy
    @IhabFahmy Рік тому +1

    All these "controls" HSBC claim to implement apply only to the mom-and-pop depositors with 3000 Euros in their account. The big fish with 5M Euros have different bank officers and are held to different rules.

  • @aviation300x
    @aviation300x Рік тому +17

    Everyone in China knows HSBC is the bank to go to when it comes to shady practices. If your account isn't labeled as "Premier" or high balance, the staff couldn't be bothered to assist you.

    • @bill4056
      @bill4056 Рік тому

      This applies to all banks

  • @ageeibc6029
    @ageeibc6029 Рік тому +2

    It cannot be the case in Singapore Banks. They watch all cash movement very closely. Singapore is rhe safest place for Banking.

  • @QuiLe-qw5jb
    @QuiLe-qw5jb Рік тому +5

    "Money can buy anything"! 😅

  • @DWPIXEL
    @DWPIXEL Рік тому +1

    Good bank for people who travel to different countries

  • @vandydandy2697
    @vandydandy2697 Рік тому +4

    It’s better to have criminals banked than unbanked. The global financial system needs the money

    • @DJRenee
      @DJRenee Рік тому

      I understood this a very long time ago. If it weren't for drug money, the United States would have collapsed a long time ago.