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[–] argosciv 0 points 1 point (+1|-0) ago 

Thanks for these HSBC submissions, definitely some interesting reading material for when I can set aside the time.

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[–] kestrel9 [S] 0 points 1 point (+1|-0) ago 

I have a lot more on that too, I'm just starting out some big topic areas. Maybe later a series of posts can be linked into a new index post for reference, like Banks---->HSBC (list of submissions)

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[–] argosciv ago 

Yeah I'm open to that idea.

Maybe more appropriate to call it a "Finance Sector" index, which would include sections such as "Bank related", "Confirmed laundering", etc.

I'll mull it over. Got 3 stickies to work with, so I'm sure a good catch-all can be knocked up.

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[–] Anon331717 0 points 2 points (+2|-0) ago 

Wasn’t Comey on the Board of HSBC?

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[–] kestrel9 [S] 0 points 1 point (+1|-0) ago 

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[–] kestrel9 [S] 0 points 1 point (+1|-0) ago  (edited ago)

  • Leaked files reveal identities of wealthy donors with accounts in Geneva
  • Donors gave as much as $81m to Bill, Hillary and Chelsea Clinton Foundation

They include Frank Giustra, a Canadian mining magnate and one of the foundation’s biggest financial backers, and Richard Caring, the British retail magnate who, the bank’s internal records show, used his tax-free Geneva account to transfer $1m into the New York-based foundation.Hillary Clinton expected to make inequality a key issue of any 2016 campaign

Giustra’s Swiss HSBC account, created in 2002, contained up to $10m in the 2006-2007 period. Lawyers for the mining magnate said that he held the account for investment purposes, and that it was in compliance with Canadian laws that required disclosure of foreign assets.

Caring was legitimately permitted to keep his assets offshore by a hereditary quirk of UK tax law, under which he is registered as “non-domiciled”, courtesy of his Italian-American father. The HSBC records suggest Caring’s $1m donation was paid in return for former president Bill Clinton’s attendance at a lavish costume charity ball organised by Caring in St Petersburg, Russia.