HSBC: Tax Evasion, Money Laundering for the Mafia & Currency Manipulation | HSBC Scandal Documentary

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Java Discover | Free Global Documentaries & Clips

Java Discover | Free Global Documentaries & Clips

Күн бұрын

If HSBC were a country, it would be the fifth world economic power. Founded during the golden age of the Opium trade to enable the British Empire to access the Chinese market, it has created a unique network to move dirty money around the world. From tax evasion to money laundering for the mafia and manipulation of currency, “this bank had done everything bad that a bank can possibly do.”
In 2012, HSBC nearly lost its license to operate in the US for laundering the money of the Mexican and Columbian drug cartels. Criminal charges were filed and HSBC’s executives hauled before a Senate committee. But George Osborne, UK’s then Chancellor of the Exchequer, wrote to his counterpart in America and to the Chairman of the Federal Reserve to plead for leniency. He claimed that if HSBC received a harsh punishment, it would have serious repercussions on the world’s financial and economic stability. The letter worked and HSBC was fined 2 billion euros. The equivalent of one month’s profits.
As the center of international finance moves to Asia, HSBC is in prime position. It is the most Chinese of Western banks and the most European of Chinese banks. Protected by London, blessed by Beijing, who would dare attack it?
This documentary was first released in 2017.
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Пікірлер: 1 200
@davidmccabe4041
@davidmccabe4041 Жыл бұрын
Fascinating story, I am a retired bank director and found the story fascinating but tax evasion continues through many tax havens, most are UK supervised, like the channel islands, Cayman, Bermuda, isle of man, liechenstein, etc. When will the UK government take effective action? David McCabe Dublin ireland
@normamimosa5991
@normamimosa5991 10 ай бұрын
Taxes, as they have become today, with massive waste, inept and corrupt governments, and funding of manufactured wars, are institutional theft. Perhaps an overhaul of bank laundering and tax-funded governments are needed.
@mariecarton8611
@mariecarton8611 9 ай бұрын
Reply deleted ?. Why I wonder ? Queen E 11 was behind PTrump being humiliated by Sadik Khan Mayor of London putting up a baloon with his face on it to belittle him. The Harry & Megan saga too was also a front to stop him being re-elected so the Dems could get back in and reopen the bank he shut down which was primarily used for money laundering. Money from the Windsors collected from old LAND payments going back to the 1700s which needs to be abolished. Here in Ireland they are still collecting from old land ownership.
@Madasin_Paine
@Madasin_Paine 9 ай бұрын
THEY WHO Bank On G*d Damn War Profits D O P E I n c ; this book has plenty of research and insights published but likely omitted from education PR and MSM and OTHER highest compensated extrajudiCIAl misleading influencers, frauds, cons, shills and rentier pirating privateerz of high circles of power elites. THEY ? WHO ELSE?! CON TD NEXT
@TheLuminousOne
@TheLuminousOne 8 ай бұрын
they won't because many top people in government are blackmailed/compromised
@Ndhavuko_nyiko
@Ndhavuko_nyiko 8 ай бұрын
The maintarget is China
@MartinSage
@MartinSage Жыл бұрын
What would be hilarious would be having this video interrupted by an ad from HSBC 🤫😯
@abaasbasajjabalaba7399
@abaasbasajjabalaba7399 Жыл бұрын
😅😅😅😅
@ortenciafigueroa2782
@ortenciafigueroa2782 Ай бұрын
Hola.esta.bienokey.
@ortenciafigueroa2782
@ortenciafigueroa2782 Ай бұрын
​@@abaasbasajjabalaba7399..Hola.no.entiendo.idioma.solo.dices.chana.y.joncon.es.loque.ablas...pero.que.quieres.decir.ueno.pon.el.dinero.en.ese.banco.
@FrankWu
@FrankWu 2 жыл бұрын
Not just HSBC 匯豐銀行 has the Money laundering and Financial related problems other major banks do such as JP Morgan, Standard Chartered, Wells Fargo , Australia CommonWealth Bank ,Westpac , NAB, ANZ etc.
@cashkitty3472
@cashkitty3472 2 жыл бұрын
No UK banks listed there though
@FrankWu
@FrankWu 2 жыл бұрын
@@cashkitty3472 I know!
@kirilmihaylov1934
@kirilmihaylov1934 2 жыл бұрын
@@FrankWu all major banks do it
@kevinbuchan8954
@kevinbuchan8954 2 жыл бұрын
@@cashkitty3472 yes there is HSBC and Stan. are British, lets say though.... none of them are Swiss!!!
@victoriajade521
@victoriajade521 2 жыл бұрын
@@cashkitty3472 ROFL, HSBC is a UK Bank. See how the name can be so deceiving.
@Rengrim
@Rengrim 2 жыл бұрын
I used to work in this bank in Mexico, and yes... it's a rotten nest of corruption and money laundering.
@kirilmihaylov1934
@kirilmihaylov1934 2 жыл бұрын
All major banks do it . HSBC is just the biggest culprit
@smaimer4974
@smaimer4974 2 жыл бұрын
@@kirilmihaylov1934 no, we only did it most successfully 😉😙
@kirilmihaylov1934
@kirilmihaylov1934 2 жыл бұрын
@@smaimer4974 who are u ?
@alainportant6412
@alainportant6412 2 жыл бұрын
so cool
@motortourshanoi3965
@motortourshanoi3965 2 жыл бұрын
Understandble,because except narcostic make huge money.which other sectors make good money in mexico ? The bank need bread for it's self and it's employees
@chacha9690
@chacha9690 2 жыл бұрын
And yet as an employee we have take several e-learning courses about AML its mandatory to pass and the culprit is in higher management
@danielponder690
@danielponder690 2 жыл бұрын
not to mention most branch employees make 11-18$ US an hour at best sadly...
@rokidbaykidbayro1256
@rokidbaykidbayro1256 2 жыл бұрын
HSBC is actually one of the best banks for international bussines....even the drug cartels known that is the place to go.🤣🤣🤣🤣
@GAURAV25855ify
@GAURAV25855ify Жыл бұрын
Yes like the swizz banks and cayman islands where all the crooks and criminals stash their cash itsHSBC biggest player of all time
@Pablo-sr2zx
@Pablo-sr2zx Жыл бұрын
And also the best place to LAUNDA your dirty money at
@canman5060
@canman5060 Жыл бұрын
HSBC (The Hong Kong Shanghai Bank when incorporated in 1868) began their business as major financier for the Opium Trade.
@canman5060
@canman5060 Жыл бұрын
@@Pablo-sr2zx Apparently this is how they started in the 19th century !
@GAURAV25855ify
@GAURAV25855ify Жыл бұрын
Thats there banks it catered to drug cartels money launders and international crooks smugglers mafia and The Russians KGB’s. Chinese investors and Chinese mobsters and columbian and Mexican mafia cartels
@forest2344
@forest2344 9 ай бұрын
At this moment, it is crucial for individuals to prioritize investing in alternative streams of income that are not reliant on the government, particularly with the existing worldwide economic crisis. Investing in stocks, gold, silver, and digital currencies can still be profitable during this period. Therefore, it is advisable to explore these investment options to secure one's financial future.
@bernisejedeon5888
@bernisejedeon5888 9 ай бұрын
@@davedelva You are right! I’ve diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.
@valeriepierre9778
@valeriepierre9778 9 ай бұрын
@@bernisejedeon5888 Do you mind sharing info on the adviser who assisted you?
@bernisejedeon5888
@bernisejedeon5888 9 ай бұрын
@@valeriepierre9778 “Julia Ann Finnicum” is the coach that guides me, She has years of financial market experience, you can use something else but for me her strategy works hence my result. She provides entry and exit point for the securities I focus on.
@fresnaygermain8180
@fresnaygermain8180 9 ай бұрын
@@bernisejedeon5888 After locating her, I composed an email and arranged a phone conversation. I'm optimistic that she will reply, and my goal is to conclude 2023 on a financially successful note.
@randomtux1234
@randomtux1234 7 ай бұрын
this superb documentary is simply another declaration: bank is above law, and try as you may, will never be overcome, neither by governments nor by honesty. The greedy in the world are way more powerful.
@NoName-oj5pl
@NoName-oj5pl 2 жыл бұрын
If it happens in one bank, it's happening in many more.
@deidradahl2802
@deidradahl2802 Жыл бұрын
Good response, it's happening in all the major banks, and businesses
@kweiyongtam309
@kweiyongtam309 Жыл бұрын
Yes. HSBC is only the tip of the bank malpractice iceberg! It's a matter of time for the iceberg 🧊 to turn out to be a aggressive volcano 🌋! 🧐
@AnhNguyen-hn9vj
@AnhNguyen-hn9vj Жыл бұрын
lol.ya. it is probably everywhere.lol
@nyakwarObat
@nyakwarObat Жыл бұрын
I'm guessing all and the fact that governments are ok ing this, the whole shebang is rotten as I've always suspected and believed
@KyleHerrera106
@KyleHerrera106 9 ай бұрын
It is the status quo. The mountain of evidence is insurmountable.
@ph11p3540
@ph11p3540 Жыл бұрын
This bank had one of the largest presence in Canada and was an engine that caused a massive distortion in the Canadian real estate market. Sadly, this bank is like a hard drug habit impossible to kick.
@GAURAV25855ify
@GAURAV25855ify Жыл бұрын
They have branches in the US as well
@GAURAV25855ify
@GAURAV25855ify Жыл бұрын
True saw alot on Vancouver and toronto
@Peglegkickboxer
@Peglegkickboxer Жыл бұрын
Dude HSBC still owns the lower mainland, the money laundering capital of the North American west coast. Houses in the second largest country in the world SHOULD NOT cost 2 million dollars.
@GAURAV25855ify
@GAURAV25855ify Жыл бұрын
They have some in Miami San Diego Honolulu Hawaii NEW YORK Probabily one on Houston Texas.
@cyberslim7955
@cyberslim7955 Жыл бұрын
Grandchild of the east indian company?
@Nikhil_George
@Nikhil_George 2 жыл бұрын
Thank you Java for this informative documentary... I expect you to make more nd more contents abt Banking nd Business....
@avoirlafoi2580
@avoirlafoi2580 2 жыл бұрын
Everybody knows this .... yet a lot of big companies enforce that employees use HSBC accounts as salary accounts, and nobody can raise an objection...
@cashkitty3472
@cashkitty3472 2 жыл бұрын
Nope maybe fifteen years ago but actually it's against the law so you can use other bank accounts to pay your salary in
@avoirlafoi2580
@avoirlafoi2580 2 жыл бұрын
@@cashkitty3472 I worded my statement poorly.... employers don't force HSBC accounts, but they are heavily encouraged.....As for objection, I meant objection from general public against HSBC since the big companies are endorsing HSBC
@kirilmihaylov1934
@kirilmihaylov1934 2 жыл бұрын
@@avoirlafoi2580 banks rule the world
@edwinrodrigues9747
@edwinrodrigues9747 2 жыл бұрын
@@cashkitty3472 THE ENTIRE BANKING SYSTEM IS THE BIGGEST FRAUD SYSTEM IN THE WORLD. THESE CENTRAL BANKS JUST KEEP PRINTING CURRENCY NOTES AND MAKING THE COMMON MAN TO THINK THAT THE CURRENCY NOTES IS CALLED 'MONEY' . REAL MONEY IS ONLY PURE GOLD AND SILVER THAT CANNOT JUST BE PRINTED AS THE BANKERS LIKE.
@MoAli-wm4of
@MoAli-wm4of 2 жыл бұрын
If it's really a big company they will have their own credit union like phizer and appler
@kimjongwin
@kimjongwin 2 жыл бұрын
And not a single prosecution of an executive
@kirilmihaylov1934
@kirilmihaylov1934 2 жыл бұрын
The banks lobby
@davidt6376
@davidt6376 2 жыл бұрын
This is kinda bad 😔 Now I gotta use another 🏦 🤬Aaaaaaarrrrgggghhhhh !!! Whooooosaaaaa 😤
@Zenmyster
@Zenmyster 2 жыл бұрын
I keep wondering why the US Congress keeps paying for inquiries that they do know will be a tap dance recital
@kirilmihaylov1934
@kirilmihaylov1934 2 жыл бұрын
@@Zenmyster it is all a show
@igorjanakjiev966
@igorjanakjiev966 2 жыл бұрын
That s why world will go the hell
@adrienzhang3235
@adrienzhang3235 2 жыл бұрын
Don't be naïve, all the banks do the same thing, it's their major profits. HSBC is just the top one. Without this "dirty" money, who pay off the operation cost for the banks? Your 5$ account fee or your mortgage payment? ^_^
@KD-rv5uo
@KD-rv5uo 11 ай бұрын
Thank you for the wonderful and insightful documentary ❤️
@cathan75
@cathan75 2 жыл бұрын
Very smart people. The financial center in London known as The City of London even has its own laws. The drug dealers & Mafia end up in jail. These banksters end up with a minor fine and are then allowed to walk away scot-free.
@jjefferyworboys8138
@jjefferyworboys8138 2 жыл бұрын
Banks and bankers pay taxes, drug dealers don't.
@cathan75
@cathan75 2 жыл бұрын
@@jjefferyworboys8138 @jjeffery worboys Not true. City of London corporation sets its own laws to allow for off shore & secretive nontaxable banking.
@annjuurinen6553
@annjuurinen6553 Жыл бұрын
Change is coming. Revolution is inevitable in Britain.
@TheRaveJunkie
@TheRaveJunkie 8 ай бұрын
@@jjefferyworboys8138 Oh, sweet summer child.
@cosmo1boi
@cosmo1boi 2 жыл бұрын
“There’s no justice; there is just us.”
@jhette007
@jhette007 Жыл бұрын
Just ice just frost
@bobdebouwer7835
@bobdebouwer7835 Жыл бұрын
Its all fake. A facade
@user-py5kg4yw1r
@user-py5kg4yw1r 11 ай бұрын
😂😂😂 just ASS is rite! 😂
@johncarpenter4083
@johncarpenter4083 2 жыл бұрын
@18:15: "amicable settlement" translated means "give us our cut." where do "fines" go anyway? Into whose coffers? Think about it!
@donnie1581
@donnie1581 Жыл бұрын
HR Block used HSBC for their tax return loans in the US. I was audited in 2006 and gov said I owed 6k. HR Block threw me under the bus on it and HSBC said I owed them 4k. HSBC never tried to pursue it and now I know why.
@khodegabegum6978
@khodegabegum6978 Жыл бұрын
You used to work at HSBC?
@lenr7068
@lenr7068 2 жыл бұрын
God damn, just say it, the Royal family does not want this bank to go bust. Come on man!
@esmaeilheravi4509
@esmaeilheravi4509 2 жыл бұрын
You say it . What does the Royal family have to do with this ? Does the queen of England own this bank ?
@ea.charles9176
@ea.charles9176 2 жыл бұрын
Stealing is obviously wrong kids, do not steal. But you steal a couple hundred bucks you will likely be dealt with more punitively and harshly than if you steal millions in tax revenue by way of 'bonuses' etc. That is the clear moral message that has been established here, nothing less.
@kweiyongtam309
@kweiyongtam309 Жыл бұрын
The evil schemers will eventually return to dust from where they came. The wicked shall not go unpunished, liken the boomerang effect 🪃!
@cobanus2862
@cobanus2862 Жыл бұрын
No. They’ve always gotten away and always will because they’re smart and you’re weak.
@luisitoroque8659
@luisitoroque8659 Жыл бұрын
Ffff from😂
@therealrobertbirchall
@therealrobertbirchall Жыл бұрын
@kwei yong Tam but that's no help to the countries who's people are starving and whose infrastructure and health care systems are crumbling
@virginiemasai9024
@virginiemasai9024 9 ай бұрын
Vicious strategy, the play the ethical with small crime so people don't suspect they are accomplice to huge crimes!! Got it??shaytan works..🤮🤮
@PatriciaFreddy
@PatriciaFreddy Жыл бұрын
AS a Chinese, Ive always been skeptical with this bank ever since they relocated their headquarters to London from HK where they started and where they flourished.
@Liverpoolboy01
@Liverpoolboy01 Жыл бұрын
The deregulation that bloody thatcher allowed. They basically do whatever they want. The banking crisis they did not suffer, the public bailed them out by that crook Osbourne. Bastard!
@MeiinUK
@MeiinUK 7 ай бұрын
Many chinese only banked with HSBC as well.. because they were a "Hong Kong" or a "Shanghai" bank... The issue that they have is also when they expanded into other provinces as well... aiming for globalisation AND expansion within PRC ( I would not even call it china today, cos it ain't chinese any more).... as well. And this is half the issue today.
@ianthesiow3013
@ianthesiow3013 2 жыл бұрын
Wow... TQ for this documentary. Appreciate.
@gmshadowtraders
@gmshadowtraders Жыл бұрын
Sounds pretty badass! Who knew banking could be so gangster 😎
@MartinSage
@MartinSage Жыл бұрын
I had an account with HSBC for 10 yrs while living in Vietnam. Minimum to open an account $100,000 USD. When visiting US branches ( Always in the most expensive parts of the city) I always found them strangely empty. Go to any airport and all you see is HSBC ADVERTISING 😯
@dvoiceotruth
@dvoiceotruth Жыл бұрын
I saw an HSBC ad in the Heathrow airport.
@adrianday
@adrianday Жыл бұрын
@@dvoiceotruth biggest bank in the UK
@101MRSPICE
@101MRSPICE Жыл бұрын
You got to like those Scottish boys that built HSBC from humble beginning's during their close relationship with Jardine Matheson (both Scottish companies) HSBC helped their fellow Scots finance the Opium trade at the start so its in the blood of HSBC to operate this way.
@NathanaelTan
@NathanaelTan Жыл бұрын
I swear there's a HSBC ad right above this video in my Recommended, amazing!
@jamesgraham6122
@jamesgraham6122 2 жыл бұрын
I would like to have learned more about laundering drug money and financing terrorism rather the constant harping on about tax evasion. If I was the boss of HSBC and had the opportunity to legally claim my residence as Hong Kong in order to avoid my salary being stolen by a wasteful UK exchequer, I would grab it with both hands. I'm pretty sure that most of us would do the same.
@fetchstixRHD
@fetchstixRHD 2 жыл бұрын
Interesting how people often get "evasion" and "avoidance" mixed up. The former is a crime and you can happily complain about, the latter is finding loopholes in the law to do/get what you want legally. You can dislike that it's legal or want those loopholes closed, but if you could find a way to get your bills reduced significantly, I would be more surprised if someone didn't take that...
@Liverpoolboy01
@Liverpoolboy01 Жыл бұрын
Says a lot about you, and your greed!
@illberightback5015
@illberightback5015 Жыл бұрын
@@Liverpoolboy01 i’m an american and i just don’t want america touching or getting my money. i would do the same
@veselinsergeev
@veselinsergeev 2 жыл бұрын
an incredibly well documentary, incredibly..🙌
@kevinvilmont6061
@kevinvilmont6061 7 ай бұрын
Allen Zieman is a Bond villain. “Naive” “part of banking? “ boxes with millions of dollars coming through the teller window is not naïveté. It is criminal.
@kingsolomon0
@kingsolomon0 11 ай бұрын
Good informative & educational documentary.
@lupus7194
@lupus7194 2 жыл бұрын
Good doco but seriously in need of an update from 2017 to 2022. In particular, it would be good to hear about the Pandora papers and the Meng Wan Zhou issue. Is HSBC still laundering money coming out of China ?
@leonhenry4861
@leonhenry4861 Жыл бұрын
Yes they’re
@india6039
@india6039 Жыл бұрын
China is now leading country money laundering
@kamma44
@kamma44 Жыл бұрын
@@leonhenry4861 Of course! Their business is money laundering.
@joesutherland225
@joesutherland225 Жыл бұрын
My thoughts too.
@kenllacer
@kenllacer Жыл бұрын
I was just pondering a few days ago whether I should apply at HSBC... It didn't say anything about tax evasion and money laundering in Glassdoor.
@AlbertSchram
@AlbertSchram Жыл бұрын
06:20 Hong Kong 43:48 David Cameron 51:33 London City
@ViceCoin
@ViceCoin 6 ай бұрын
Thanks for thevideo!
@KennTollens
@KennTollens 2 жыл бұрын
Why impose a fee when they can just make up the money? All you are doing is sharing the dirty money. Oh, your doing something bad, give me a cut. Collapse the bank and put tight controls on them to document where the money is coming from. But if you did that, then you wouldn't be getting your cut.
@subhp3917
@subhp3917 2 жыл бұрын
Truth
@kirilmihaylov1934
@kirilmihaylov1934 2 жыл бұрын
@@subhp3917 they don't want to collapse it
@mistieblue9
@mistieblue9 2 жыл бұрын
Everybody knew it but no one do something against them! Shameful peoples
@kshitijpandey3274
@kshitijpandey3274 2 ай бұрын
Excellent piece of research work, fabulous presentation, adorable editing. Put together very well.
@ebookmummy
@ebookmummy 2 жыл бұрын
Informative.
@louisblurton2846
@louisblurton2846 Жыл бұрын
When they fine the company, they are basically just taking away stock shareholder’s money. The corrupt people who work there still go home and back to work the next day. They need arresting and putting in prison just the same as a man on the street working for the cartels.
@kweiyongtam309
@kweiyongtam309 Жыл бұрын
Correct n spot on! 😇👍👍
@yountune9799
@yountune9799 2 жыл бұрын
On the very top of HSBC building Kuala Lumpur there is a giant brothel. HSBC bankers can just take the elevator up for relaxation and owners can take the elevator down to wash gains ALL without leaving the building! lol!
@chrisp7110
@chrisp7110 2 жыл бұрын
THis makes me love HSBC even more. I should start using them myself.
@SocialmotionMedia
@SocialmotionMedia 2 жыл бұрын
First you need to get off your parent's basement sofa.
@fairwind3058
@fairwind3058 2 жыл бұрын
The friendly bank for all criminals worldwide. Proceeds from victims of the drug trade is the wages of HSBC employees.
@maemills1470
@maemills1470 2 жыл бұрын
@@fairwind3058 no way
@paulsmith5122
@paulsmith5122 Жыл бұрын
@@fairwind3058 a mine
@rand007
@rand007 Жыл бұрын
" Gangster Bankers" an apt description of the reality of large international banks.
@eliyahu1896
@eliyahu1896 10 ай бұрын
For a long time I have been wondering what led hsbc to failure. Thank you for this video. Very enlightening. Dishonesty and criminal activities can never succeed no matter how cleverly things are done.
@tbas8741
@tbas8741 9 ай бұрын
I think that China Mainland or the CCP would disagree with you! Over 60-70 years of Dishonesty, Criminal Activities and being a bully has made them a leading World power with the largest military in the world. All created on the back of criminals.
@furball8967
@furball8967 8 ай бұрын
They’ve just moved into another vehicle and ditched the car they used to do the robbery. Unfortunately, they are way to smart AND in particular they have the money to buy the next best getaway car!
@user-ej1tc4hd2t
@user-ej1tc4hd2t 7 ай бұрын
Opium business translation too
@user-ej1tc4hd2t
@user-ej1tc4hd2t 7 ай бұрын
0pium War business
@Alexander-te8pv
@Alexander-te8pv 7 ай бұрын
They used to underwrite slave bonds for plantation loans in American. Sadistically innovative.
@themiddlekingdom9121
@themiddlekingdom9121 2 жыл бұрын
The people of HSBC love money around the world, either legal or illegal money.
@kweiyongtam309
@kweiyongtam309 Жыл бұрын
The love of 💲is the root of sll evil! The heart of man is full of deceit n desperately wicked 🖤! Bottomline: the wicked shall not go unpunished; remember the boomerang effect 🪃!
@davidjma7226
@davidjma7226 2 жыл бұрын
The Chairman of HSBC had to front up the Regulator every quarter on a 'please explain' visit to advise what steps had been taken to improve its DD process. Every quarter! How embarrassing!
@eddielee8591
@eddielee8591 2 жыл бұрын
They did have a huge salary and compensation package
@johnpatrick1588
@johnpatrick1588 2 жыл бұрын
For an in-depth behind-the-scenes of the laws, rules, Bank of International Settlement's power and an understanding of why HSBC and the other listed too big to fail banks are untouchable by global rule making watch "All the Plenary-s Men 2017--The definitive HSBC Scandal Documentary still on KZfaq.
@kirilmihaylov1934
@kirilmihaylov1934 2 жыл бұрын
Nice
@flon1739
@flon1739 2 жыл бұрын
I don't think HSBC are different from other financial systems. That is the world for you.
@kirilmihaylov1934
@kirilmihaylov1934 2 жыл бұрын
@@flon1739 it is a bank and banks rule the world
@chineduogboh4594
@chineduogboh4594 2 жыл бұрын
LOOOOOOL NO ONE WILL GET PROSECUTED BUT GO ROB A CANDY STORE THIS WORLD IS A JOKE
@user-oe6xh5qs4b
@user-oe6xh5qs4b 2 жыл бұрын
The games rigged
@anna-lenameijer9942
@anna-lenameijer9942 2 жыл бұрын
Why? Because they have friends in high places.
@ayandey137
@ayandey137 2 жыл бұрын
don't rob candy stores !!
@Luraka1978
@Luraka1978 2 жыл бұрын
They are many honest clients using HSBC, we pay bank charges etc, just as normal users.
@filipepedro8272
@filipepedro8272 Жыл бұрын
lol...thoughts and prayers
@Arsenic71
@Arsenic71 2 жыл бұрын
Subtitles timings are totally off. But very interesting documentation, thank you!
@jarinorvanto4301
@jarinorvanto4301 Жыл бұрын
Isn't the banking system as such, highly suspicious?
@FrankWu
@FrankWu 2 жыл бұрын
Even USA based bank such as JP Morgan Chase has been under investigation of Financial related problems ,breaches and Money laundering .
@BanduluJamaica
@BanduluJamaica 2 жыл бұрын
The banking industry is the wealthiest and most powerful mafia in history.
@kirilmihaylov1934
@kirilmihaylov1934 2 жыл бұрын
@@BanduluJamaica absolutely. Then comes the weapon manufacturers
@ronhon100
@ronhon100 2 жыл бұрын
But the result is those US based banks have no consequence.
@dvoiceotruth
@dvoiceotruth Жыл бұрын
​@@kirilmihaylov1934 They fund nations to fight and then supply a$ms to them.
@jauipop
@jauipop 2 жыл бұрын
Have to disagree with Elizabeth Warren here... The regulators did as much as they could within the constraints of the laws written by the people on her side. And simply "shutting down a bank" is not possible. If she wants executives to be thrown into jail for these crimes, then the system/laws have to be set up that way!!
@100perdido
@100perdido 2 жыл бұрын
Would you agree with Warren if she said the sky was blue? And which "side" is Warren on?
@luckytherapper
@luckytherapper 2 жыл бұрын
@@100perdido lmao, why would a politician do such a thing to the banks that help them with their money obtained by their corrupt practices?
@johncarpenter4083
@johncarpenter4083 2 жыл бұрын
Tell all those people in Guantanamo that they're not really there.
@TheSmartLawyer
@TheSmartLawyer 2 жыл бұрын
Pocahontas!
@johnchristmas7522
@johnchristmas7522 2 жыл бұрын
Who wrote the laws? paid by lobbyists from the bank!
@mohammadmostafaii7535
@mohammadmostafaii7535 2 жыл бұрын
Excellent documentary! I am so pleased to see freedom of expression let the journalists reveal ( bitter) facts to enlighten the public opinion.
@Zenmyster
@Zenmyster 2 жыл бұрын
Intrinsic in finance. The question to ask isn't "should we do this?", but "how much money can we make?". They do ask, "for how long?". Until we don't make any more money.
@esmaeilheravi4509
@esmaeilheravi4509 2 жыл бұрын
I would say that HSBC was not started by opium traders but it was started by people who happened to trade opium . Okay . That makes a lot of sense .
@bobpowers9637
@bobpowers9637 Жыл бұрын
What he meant was the traders (men who put up the money for the ships, supplies, sailors etc) happened to be trading opium started hsbc.
@miguelpalma8389
@miguelpalma8389 Жыл бұрын
This story sheds light on the concerning issue of major financial institutions like HSBC engaging in unethical practices that promote inequality and undermine the welfare state. The fact that a bank with such a history of wrongdoing is still allowed to operate with impunity is a reflection of the deep-rooted systemic issues in the global financial system. The leniency shown towards HSBC by politicians like George Osborne highlights the power dynamics at play and how the interests of big banks often trump the interests of ordinary citizens. It is essential that the public holds these institutions accountable and demands that regulators take concrete steps to prevent such practices from continuing. Failure to do so will only perpetuate the cycle of inequality and undermine the values of fairness and justice that our societies are built upon.
@ComedyGold-ml8wc
@ComedyGold-ml8wc 2 жыл бұрын
How to open a bank?
@patrickp6676
@patrickp6676 2 жыл бұрын
And the politicians don’t understand why people are mad.
@kittyind
@kittyind 8 ай бұрын
For me, there is no difference between drug cartels and banks. One supplies the drugs other supplies money; both disregard the local law, not afraid of big governments. They both are capable of overthrowing the governments. Cartels don't care who they hurt (individuals or families); the same with the banks (as small customers, business owners) we are insignificant.
@furiacruzada5127
@furiacruzada5127 Жыл бұрын
If HSBC is considered corrupt, I wonder what do they think about JP morgen.
@dvoiceotruth
@dvoiceotruth Жыл бұрын
rouge bank buncha thieves
@scotty16333
@scotty16333 2 жыл бұрын
I do not know why everyone is so shocked at this. If you actually know the history of Hong Kong and its true origins and about the so called "Noble Houses", you would know that HK had been birthed from pirates, scoundrels and not the most moral of people. That has not changed, this is coming from one of the decedents of one of those groups.
@BeautifulEarthJa
@BeautifulEarthJa 2 жыл бұрын
it's not a uniquely HK issue All the big banks are doing it, HSBC might just be the top dawg
@edwardoleyba3075
@edwardoleyba3075 Жыл бұрын
Yep. The Scottish founder was one shrewd dude!
@BlessedLPT.
@BlessedLPT. Жыл бұрын
The scoundrels and pirates you speak of are the British?
@HavaWM
@HavaWM 10 ай бұрын
Wow. Back before the banking crisis hit, I had an HSBC credit card. I had NO idea! I thought it was like Chase Bank or something. Now I feel like I need to take a bath…
@ticthim1
@ticthim1 Жыл бұрын
congrats for the guts!!!!!!!!!!!!!! PLS continue the great work
@OrangeSunshine15
@OrangeSunshine15 Жыл бұрын
I worked for hsbc uk & I have never seen such a corrupt organization.
@india6039
@india6039 Жыл бұрын
Wow really. I was surprised to read that London on list recently being looked at by whatever that investigation entity is called
@harperwelch5147
@harperwelch5147 2 жыл бұрын
This is why one can say with certainty, this situation is hopeless. The corrupt system is too secure to change. The poor who live in each of their countries will remain poor because their nations wealth is drained into the pockets of a very small group of people and corporations. Maybe a huge global economic collapse wouldn’t be an unexpected result at some point.
@jacquelineperet6599
@jacquelineperet6599 11 ай бұрын
Well said
@yageroi
@yageroi 11 ай бұрын
Thanks!
@Rod-bp8ow
@Rod-bp8ow Жыл бұрын
The Rule of Law applicable amongst countries that knows security in businesses, that cannot be bribed nor won't accept bail outs, LAUNDERING from these and those tax evaders offshore/onshore in countries shall not be operational, per SEC REGULATIONS and LAW governing FOREIGN BANKING OPERATION.
@jodalinkus5538
@jodalinkus5538 2 жыл бұрын
Supranational status being used effectivelly with an immense emphasis on it's British colonial connections. Paucity of sensible judgement and some avarition has unfortunately compromised it's reputation through embezzlement and violation of regulatory procrustean. It's size and credibility has allowed the bank to weather the storm.
@marylibron1004
@marylibron1004 2 жыл бұрын
I can’t imagine my employer in Hongkong working at the HSBC as an insurance employee, 26 years ago.I looked up the bank as exclusive and wealthy but I just learned from your investigative document that there’s a hidden agenda happening in this bank. I hope my former employer left that bank before it’s too late.
@gadgalleto5906
@gadgalleto5906 2 жыл бұрын
kzfaq.info/get/bejne/p6xgjK98sJbSmZ8.html
@stevewing6851
@stevewing6851 2 жыл бұрын
@@gadgalleto5906 People like you, are without any question the least educated people this world has ever witnessed before, but hilariously, we will see you, really believing you're bright? I do find it fascinating, that in the year 2022, we've still got people among us, who claim they do believe in a God? Only anyone with even a remedial education, and who use their very own inquisitive mind, would all know that it's impossible for any God to exist?, and not only that, but also, if any higher power does exist?, that we all know it must be, and can only be, the devil? I mean, seriously, it's now gone beyond all the previously known levels and depths of idiocy. Tell us all, why none of you religious people, can prove what you all claim you believe in, even exists? You've had over 2000 years, to come up with just one thing?, just one single thing, that conclusively proves all you "claim" you believe in, to be true? 2000+ years? And after many of mankind's greatest minds, have studied, have researched, and have looked for something, anything at all, to prove this myth? And yet all have come up with absolutely nothing?, not one single thing in over 2000 years? Yet you religious people claim that God, sent his own son (born to a virgin mother), to earth, to teach and to prove to mankind of his father's existence, right?. So, am I missing something here? Why aren't all of you religious people, all asking, where is this proof of his father's existence? We have none? So let's just stop and think here for a minute?... Now, how can you people, who all "claim" you really do believe?, do so, without ever seeing any proof? The truth is something all of us do know, as we all have our very own inquisitive minds?, so we all do know, (or we should all know), that it's actually impossible for anyone of us, to really believe a word of it? Because our very own human inquisitive minds, will always be nagging away at us, asking for the proof, to believe it?. It will never stop nagging away at us, demanding the proof to believe it. It's actually known as a "human trait". And all of us do know this. We humans, never believe anything without knowing it's been proven, you can think about anything we, as humans, do, in this world? And you'll always come to find, we only ever believe what we can prove?. We never believe anything at all without first having it proven. Not ever! And again, we all know this? What we always do, is, we prove what we think, before we ever believe it. We take any “theory” and we try to prove that theory, If we can prove that theory?, then that theory becomes a scientific fact. If, on the other hand, we can't prove our theory?, we never just believe it! It would be complete madness to do so! Goodness me, the amount of catastrophic mistakes we'd have already made, by not requiring proof to believe something?, would have seen us making huge, enormous, catastrophic, mistakes throughout our history - we'd of perished long ago. So, this, really, should be proving to those (who think about it?). That you religious people, today, are only liars? Think about it? You're just people that don't really believe it, (like they claim)?, as explained above, it's actually impossible for you, to really believe it. So why do we see you people, so prepared to lie about this? It's obvious really?, you're all people who think, that, if a God does exist, then you'll be sent to hell for all eternity? And this is why we see, and, read you all, lie through your teeth, about your own so-called belief? So, you can't think much of your God?, (who you all claim is omniscient, knows everything)?, if you don't think a God would know the truth, and know you're lying? LOL. Seriously, If we could put every one of these religious people on a lie detector test, today, and ask them all outright, if they really believe?, not one of them would pass the test, not even the Pope himself, would pass. The religious all go about things in a remedial, nonsensical way, they make no sense, none, not even a little sense. If we can't prove something?, we don't ever simply just believe it?, man! Especially something they want to live their own life following? That's actually no different, from following a lunatic, who claims he comes from the Sun? It's no different, from believing in Santa Claus, except believing in Santa, doesn't cause war, murder, hate, and loathing between mankind? No, only religion manages to do that. With just (three very simplistic, easy to understand, questions), I'll now prove that what they all claim they believe in, can't be a God, but can only be nothing at all, or the devil himself?, (it's not possible for there to be a God), and we can prove this by using their own belief of what God is?? You only need to ask these (three very simplistic, easy to understand, questions) to yourself, to prove this to yourself? Questions like this... Both Christianity and Islam's, most fundamental belief is... That God is the Sovereign Creator, upholder, and ruler of the universe. And that he is eternal (ever lasting), omnipotent (having unlimited power), omniscient (knows everything), and omnipresent (is everywhere). 1. If the so-called God/Allah (controller and ruler of everything) is willing to prevent evil? But not able to prevent evil? Then it is not “omnipotent” (having unlimited power), proving it is no God. Do you understand that? 2. If the so-called God/Allah (controller and ruler of everything) is able to prevent evil? But not willing to prevent evil? Then it is “malevolent” (having or showing a wish to do evil to others), proving it is no God. Do you understand that? 3. If the so-called God/Allah (controller and ruler of everything) is able to prevent evil? And is willing to prevent evil? Then why is there evil? Now, because there is evil in this world, proves it's actually impossible for there to be a God! Because, If there is a God, who is omnipotent (having unlimited power), and is not malevolent, (wanting to do harm to others), there would be no evil? Do you understand this? This categorically, conclusively, leaving you in no doubt whatsoever, PROVES, that if any higher power does exist?, then it can only be, and must be, the devil!. Think about it, use your own mind?, this proves that to be the case. You only need to ask those (three very simplistic, easy to understand, questions) yourself, to prove it to yourself. If you really can't work that out? Then honestly, you really do need to venture back to school, as man, that takes a real lack of education to not understand this? And do you know what else? It doesn't actually matter if you religious people may think so or not?, as this is proof that you can only be following and believing in the devil. So, whether any of you like it or not, or whether you think so or not?, is actually irrelevant, as this proves that's exactly what you're following. Maybe you'd like to answer this? Now, we might well see some religious person, try to tell me, that those (three very simplistic, easy to understand, questions), are not valid? Why? Because God is the all mighty, the all powerful, so my meaningless questions aren't worthy of a response, as my own intelligence, is not great enough to ever question any of God's motives! (the same God, I've just proven is impossible to exist, mind you) LMAO. So, the reality is?, that all of a sudden, those (three very simplistic, easy to understand, questions), actually become questions, that the religious will tell you, you need 6 degrees and a doctorate in religious history, to be able to ask? Hahaha mad!
@kampiuben
@kampiuben 2 жыл бұрын
@@stevewing6851 Bots don't really read your comments and just simply dropped their own account and create their own one immediately. I also hate that random false comment too but in case they're provoking me, that's nothing much I can do although I tried to report spam or anything. KZfaq never do anything.
@DonRua
@DonRua 2 жыл бұрын
There were some very dark pages 150 years ago. Amazing how it carried on to this day pretty much unchanged.
@obtuseangler768
@obtuseangler768 2 жыл бұрын
@@DonRua we live in an incredibly structured society, that structure benefits some at the expense of others. Which, for example, is why we have such widespread institutional racism...do someone really think the parents that are benefitting from said systems point them out to their kids while raising them? Absolutely not, they are raised to ignore their advantage because it's hard to feel guilty about something you don't/can't see. That is one reason things that should change remain unchanged.
@TheQuranChannel123
@TheQuranChannel123 2 жыл бұрын
Why single out only one bank, all major financial institutions are doing the very same thing, some benefiting from instability in South America and Africa, some benefiting from world crisis and more, no one of them is 100% clean.
@Valhalla88888
@Valhalla88888 8 ай бұрын
Yes HSBC and also Standard Chartered Bank, all founded by Scotsmen, but to label them as pirates is quite unbecoming, in Hong Kong they were merly merchants and wanted to build a global banking empire whats wrong with that.
@Tbone42tx
@Tbone42tx 2 жыл бұрын
Had to be a reason behind them switching a large number of customers to Citizens.... Crazy
@TheSmartLawyer
@TheSmartLawyer 8 ай бұрын
Yes. Told me I had to have $5M average daily balance. I was stunned. Sold me to Citizens which took over east coast accounts under $5m. Obviously HSBC made a ton on the deal and limited its exposure at same time
@nadeeshadananjaya4064
@nadeeshadananjaya4064 Жыл бұрын
HSBC has placed all the controles in order to mitigate the financial crime risk..global standards were implemented..not only hsbc ,there are many banks were failed on this matter.how quickly they executed thier controles are impressive ..
@angwk
@angwk Жыл бұрын
That's disgusting. I am quitting HSBC.
@WoodstockG54
@WoodstockG54 2 жыл бұрын
Depressing.
@cpucooler88
@cpucooler88 Жыл бұрын
Great job of sanitizing what the British did. "Trading opium" as if it was just a normal business transaction. A more accurate description was that the British were "pushing" or "dealing" opium like all the drug cartels in the world today.
@trishdarby6956
@trishdarby6956 11 ай бұрын
This bank has a presence here in Australia but up until this story I had no idea what their influence has had on the World Economy and now wonder just how deep it has influence here - what a sorry world we live in these days. I am not naive enough to believe it has only happened now its taken years of insidious planning and implementation to get it to where it is today and who has benefited from it over those years? - C.C.P and drug Cartels, Government personnel? the list goes on I can imagine. What a shit legacy for our children and grandchildren to have to deal with because I can't see anyone brave enough or to have the resources to carry through with trying to bring them down. Just look at the corruption in the US and even in my own backyard in the State Government, bloody sad state of affairs to say the least.
@MeiinUK
@MeiinUK 8 ай бұрын
You know the part where they say that, "chinese finance" ? HSBC has around a few sites inside the PRC. Most of the "old Imperial City/Dynasty" has an actual large HSBC presence.. and they recruit certain people to sit in those specific locations.. That is.. their descendents or whoever was the ex descendents of the old dynasties.. This is what I think. And why would they do that ? If they aren't trying to recreate back some kind of old dynasties' model ? And even in HK, how come... the HSBC have the local citizens as shareholders of the actual bank? Why ? How? When ??? So.. the remittances back into HK from the West.. ended up as the collateral of the HSBC's own reserve ??? And it could also continue to buy so many other companies as well ?
@joesutherland225
@joesutherland225 Жыл бұрын
Well done .
@joergkalisch7749
@joergkalisch7749 2 жыл бұрын
Yeah. That is where the bulk of dirty money goes. Governments suggestions that they need to control Bitcoin to prevent money laundering is pathetic at best.
@EssexRecordingStudios
@EssexRecordingStudios 2 жыл бұрын
Check out their role with taking rental payments for the South Wing of Lullingstone Castle in England from Seychelles Company SLF Associates Inc's director Simon Giles, a disqualified company director for fraud who had an active money launder freeze order fro the Supreme Court of the Seychelles.
@rainymoods7541
@rainymoods7541 2 жыл бұрын
Funny as I worked as a carer in UK and guess what bank account they arranged me :HSBC. Actually the health-caregiver industry makes tons of money.
@joellewis5989
@joellewis5989 2 жыл бұрын
Disgusted!
@tradelogikk8182
@tradelogikk8182 2 жыл бұрын
House of Lords... Looked like circus costume 😂
@malikjawad1234
@malikjawad1234 2 жыл бұрын
Well HSBC knows its everyones money and once you know that you are the King and HSBC is King
@johniriajen6225
@johniriajen6225 2 жыл бұрын
Think Long Indeed...
@mikeyu5004
@mikeyu5004 2 жыл бұрын
It's funny how the west arrested the Huawei lady but they refuse to fine HSBC for letting the transaction happen. Too many double standards
@GorillaTVe
@GorillaTVe 2 жыл бұрын
in conclusion it is ultimately the guys from london who is still orchestrating the whole thing
@raymondfrye5017
@raymondfrye5017 Жыл бұрын
The Whaling industry objects to this outrageous calumny.
@Imaveryniceguy
@Imaveryniceguy Жыл бұрын
When two fish are fighting...there's a Brit involved.
@katsungchan3599
@katsungchan3599 2 жыл бұрын
These are not bugs, these are features
@callamediarok1470
@callamediarok1470 2 жыл бұрын
Not 'elicit' but illicit - does Java Films have access to dictionary rentals?
@leilagomulka5690
@leilagomulka5690 8 ай бұрын
“ wash , rinse , repeat “
@naimakelly7581
@naimakelly7581 2 жыл бұрын
It must have stop 🛑 to this end people work so hard to make ends meets no supporting mafia and money laundering that should never happen work acceptable and appropriately to make a better lives .
@jjefferyworboys8138
@jjefferyworboys8138 2 жыл бұрын
Your benefits are from the taxes paid by Banks. How does that sit with you ?
@mariasmirnov5820
@mariasmirnov5820 2 жыл бұрын
So, people who keeps money in this bank should leave this bank?
@kirilmihaylov1934
@kirilmihaylov1934 2 жыл бұрын
Not necessarily
@northernchaotic7196
@northernchaotic7196 2 жыл бұрын
first five seconds. My favorite NPR voice "Mary Louis Kelly"!!
@gh8066
@gh8066 Жыл бұрын
HSBC ON TOP
@robertfeinberg748
@robertfeinberg748 Жыл бұрын
Self-regulation of TBTF banks is the US model that applies ot the entire financial industry.
@klnine
@klnine 2 жыл бұрын
Since the Opium wars 1800’s
@abubakarbinkhalidkhalid4898
@abubakarbinkhalidkhalid4898 2 жыл бұрын
Why now?
@sureshnishtala2887
@sureshnishtala2887 2 жыл бұрын
Thats why has a $3T in assets ..The drug market is much bigger than it seems ... and with such a gaint size no govt can do anything ,including some big countires..
@shyamsundarlalmiriyala5263
@shyamsundarlalmiriyala5263 2 жыл бұрын
Old video with new narrative all banks equally involved in such activities
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