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Whistleblower1

(2 posts)
40. HSBC-CLUELESS, and going down
Tue Jul 21, 2015, 02:10 AM
Jul 2015

I worked at HSBC. In the US. Every time I found something suspicious I was written up for insubordination. I declined a large lending transaction due to illegalities I found. I again was written up for insubordination, then misconduct and "improper communications" The transaction was cancelled when another participating lender found the issue and they stopped it. I was subsequently fired for "improper communications" when I brought the matter to senior Management. Almost everyone I worked with thought the deferred prosecution agreement was a joke. They continue the same activities today and actually believe that they are not being watched/investigated. The majority of employees are oblivious to the outside world, and the Relationship Managers think the entire thing is junk, laughable and the rules just get in their way. The culture is "find a workaround" which is pretty much just code for figure out a way to make it look like we are complying but do what the customer wants to make money.
When I submitted information/evidence to the proper authorities. I was told that they are still under investigation, as I had suspected. I saw that in February another whistleblower came out about there finding as well and was told the same thing. HSBC and it's employees are clueless, Naive, and living in a fantasy world.
They didn't think branches could possibly close. They did. They thought that the florida offices would stay. They eliminated the entire department and all employees. They have a offices in Buffalo, NY that the people there actually believe aren't going to close, even though 75% of the workforce has been cut in the past 2 years, their tower is empty, and half the jobs are already being done elsewhere.
These people are in space somewhere!!

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...... daleanime Jul 2015 #1
Heh... hunter Jul 2015 #2
How many felonies does this bank its officers need to commit Jeff Murdoch Jul 2015 #3
Too big to exist. 99th_Monkey Jul 2015 #5
The people running for President glinda Jul 2015 #7
Some thought Obama would do something similar to cstanleytech Jul 2015 #20
Look at the man's 20+ years record in Congress 99th_Monkey Jul 2015 #21
Very well but if it doesnt happen dont get angry at him because the president no matter who it is cstanleytech Jul 2015 #23
Obama appointed his Attorney General, who was Holder until recently 99th_Monkey Jul 2015 #24
Yep, and he'd rather have ISDS courts overrule our government court systems too... cascadiance Jul 2015 #28
+100 nt 99th_Monkey Jul 2015 #31
Good thing I wasnt talking about Holder then. nt cstanleytech Jul 2015 #38
Bernie doesn't owe the banks anything. JDPriestly Jul 2015 #44
It's an international bank headquartered in London Demeter Jul 2015 #10
BP (another "British" multinational company that lives like it is itself a country)... cascadiance Jul 2015 #30
When you hear Britain (or US for that matter) at war JonLP24 Jul 2015 #43
No need to kill it. Just incarcerate it, put it to work for 50 cents a day, and lostnfound Jul 2015 #18
Awesome. I fired HSBC after being there for 30 years. lindysalsagal Jul 2015 #4
yep. outed as criminal bank Liberal_in_LA Jul 2015 #6
Some little teller in the West Undershirt office of HSBC will get convicted and imprisoned. Hoppy Jul 2015 #8
Sad the whistle blower is on unemployment and spent time in jail Person 2713 Jul 2015 #9
"HSBC "declined" to be interviewed."... Spitfire of ATJ Jul 2015 #11
I'm Shocked I tell you! Pharaoh Jul 2015 #12
They have friends in high places BrotherIvan Jul 2015 #13
Calling Mr. Holder! Calling Mr. Holder! Your new clients need you!!!!! Fuddnik Jul 2015 #14
Aw hey, it's just usury folks. raouldukelives Jul 2015 #15
Too big to prosecute. City Lights Jul 2015 #16
CBS is late to the party. Glenn Greenwald in Dec. 2012 pegged HSBC... Octafish Jul 2015 #17
Thank you .. M$M/CBS very late to the party indeed. 99th_Monkey Jul 2015 #22
We must act quickly to clear them of all charges Orrex Jul 2015 #19
The people who were caught were amateurs. BKH70041 Jul 2015 #25
"some financial publication" - Financial Times? closeupready Jul 2015 #26
Unlikely. BKH70041 Jul 2015 #34
Can I ask you an off-topic question? And you may not closeupready Jul 2015 #36
You Can't Whistleblower1 Jul 2015 #41
If they claim to be "corporate persons", time to give them the DEATH PENALTY!!! cascadiance Jul 2015 #27
Nothing about its drug laundering? KansDem Jul 2015 #29
I think that was mentioned, but tax evasion got more airtime 99th_Monkey Jul 2015 #35
Thanks! KansDem Jul 2015 #37
This is a corporation that deserves the death penalty CanonRay Jul 2015 #32
+10 ~nt~ 99th_Monkey Jul 2015 #33
Clinton will prosecute the banks and individuals that committed crimes ... slipslidingaway Jul 2015 #39
HSBC-CLUELESS, and going down Whistleblower1 Jul 2015 #40
Outed NOW? JonLP24 Jul 2015 #42
Latest Discussions»General Discussion»HSBC is being outed NOW o...»Reply #40