HSBC faces shareholder anger over pensions, coal finance at AGM

FILE PHOTO: The HSBC bank logo is seen in the Canary Wharf financial district in London, Britain, March 3, 2016. REUTERS/Reinhard Krause/File Photo

The policy, under which former employees’ pensions are cut when they begin receiving state benefits, is known as a ‘clawback’, which some of the protesters referenced by dressing in lobster outfits. HSBC also faced questions from climate change activist groups over its financing of coal power-related projects in Bangladesh, Indonesia and Vietnam.

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Reuters /  🏆 2. in JP

So it should. However, do not forget that they were involved in money laundering activities for drug cartels. That should be enough for them to be dismantled as a global financial institution.

Only profile matter in Corporate for the shareholders. People are expendable. All the more reason to boycott corporate products and services.

😡

Uh oh

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