Is HSBC going to collapse?

D1stant · 26-01-2014 03:38PM #1

They are restricting the amount of cash withdrawals

HSBC are huge. If they fall it might make Lehman seem mild....:eek:

http://topinfopost.com/2014/01/25/hsbc-bank-may-collapse

Phoebas · 26-01-2014 03:41PM

If TopInfoPost.com are saying it, then it must be imminent.

Bounty Hunter Dan · 26-01-2014 03:43PM

https://www.youtube.com/watch?v=EOzMdEwYmDU

26-01-2014 03:45PM

They started off saying it was for customer protection
http://www.bbc.co.uk/news/business-25861717
We'll see what happens

MRnotlob606 · 26-01-2014 03:47PM

lads im scared

rwg · 26-01-2014 03:48PM

bluewolf wrote: »

They started off saying it was for customer protection
http://www.bbc.co.uk/news/business-25861717
We'll see what happens

I feel protected, but then again I have no money in HSBC

overpronator · 26-01-2014 03:49PM

If HSBC goes it would make Lehman look like your local Macaris closing down.

D1stant · 26-01-2014 03:53PM

rwg wrote: »

I feel protected, but then again I have no money in HSBC

That wouldn't really matter. I didn't have any money in Lehman

renegademaster · 26-01-2014 04:01PM

rwg wrote: »

I feel protected, but then again I have no money in HSBC

lol :rolleyes:

D1stant wrote: »

That wouldn't really matter. I didn't have any money in Lehman

pmsl :pac:

Phill Ewinn · 26-01-2014 04:02PM

HSBC?

Takes out loan

weisses · 26-01-2014 04:03PM

Irish taxpayer will bail them out ...

The Backwards Man · 26-01-2014 04:14PM

If HSBC collapses I'll eat my hat*

*I'll have to, I won't be able to afford food.:(

renegademaster · 26-01-2014 04:22PM

The Backwards Man wrote: »

If HSBC collapses I'll eat my hat*

*I'll have to, I won't be able to afford food.:(

eat the rich!!

http://www.globalresearch.ca/hsbc-caught-in-new-drug-money-laundering-scandal/5310397

More at the link.

SEPT 23 1989 · 26-01-2014 04:26PM

Customers were told that without proof of the intended use of their own money, HSBC would refuse to release it.

mother of god:mad:

Lenin Skynard · 26-01-2014 04:30PM

overpronator wrote: »

If HSBC goes it would make Lehman look like your local Macaris closing down.

In all sincerity, I think I would be more upset at my local Macari's shutting down than this bank going bust.

wazky · 26-01-2014 04:32PM

renegademaster wrote: »

*long story*

So basically it was Spongebob Squarepants who caused the economic disaster we find ourselves in?

Jonkenji · 26-01-2014 04:35PM

If I was a customer I'd be withdrawing all my cash and buying bitcoins. Rumours of something big going to happen to a Chinese bank next month too.

Skylinehead · 26-01-2014 04:35PM

Lenin Skynard wrote: »

In all sincerity, I think I would be more upset at my local Macari's shutting down than this bank going bust.

Leaving aside the financial implications, what about the 260,000 people they employ?

urabell · 26-01-2014 04:48PM

SEPT 23 1989 wrote: »

Customers were told that without proof of the intended use of their own money, HSBC would refuse to release it.

mother of god:mad:

Just tell them that you're withdrawing money to fund a Mexican drug cartel they'll be ok with that

Phoebas · 26-01-2014 04:53PM

Skylinehead wrote: »

Leaving aside the financial implications, what about the 260,000 people they employ?

I didn't realise Macari's were doing so well.

EuropeanSon · 26-01-2014 04:56PM

No.

/panic

Lenin Skynard · 26-01-2014 04:56PM

Skylinehead wrote: »

Leaving aside the financial implications, what about the 260,000 people they employ?

What about all the people Macari's employ? Surely the closure of Macari's would result in the complete collapse of the Irish-Italian community. Not to mention the national crisis caused by the shortage of jumbo battered sausages.

wazky · 26-01-2014 04:57PM

Lenin Skynard wrote: »

What about all the people Macari's employ? Surely the closure of Macari's would result in the complete collapse of the Irish-Italian community. Not to mention the national crisis caused by the shortage of jumbo battered sausages.

Where would drunks congregate to fight after a night out?, would be madness.

BillyMitchel · 26-01-2014 04:59PM

wazky wrote: »

Where would drunks congregate to fight after a night out?, would be madness.

Supermacs.

My tractor is faster than yours.

IvaBigWun · 26-01-2014 05:03PM

[panic] Are they the parent company of any Irish banks? [/panic]

ScissorPaperRock · 26-01-2014 05:09PM

rwg wrote: »

I feel protected, but then again I have no money in HSBC

That's not how real life works.

gordongekko · 26-01-2014 05:13PM

Jonkenji wrote: »

If I was a customer I'd be withdrawing all my cash and buying bitcoins. Rumours of something big going to happen to a Chinese bank next month too.

probably going to be taken over by an Irish bank

ceadaoin. · 26-01-2014 05:48PM

I thought they were restricting cash withdrawals because they got caught laundering money for drug cartels and have to look like they are doing something about it? They are already backtracking on it due to customer outrage.