Jul 07

Caught On Tape: HSBC Bankers Recreate ISIS Beheading Execution (ZeroHedge, July 7, 2015):

HSBC just can’t seem to help itself. As The Sun reports, as part of a “team-building” exercise, six bankers filmed the fake ISIS-style beheading of an Asian colleague – while yelling ‘Allahu Akbar’. However, given that these were not C-level executives, there has been some consequences – the six bankers have been fired with HSBC noting “this is an abhorrent video and HSBC would like to apologize for any offense.”

Caught On Tape…

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HSBC said:

“We do not tolerate inappropriate behaviour.

“As soon as The Sun brought this video to our attention we took the decision to sack the individuals involved.

“This is an abhorrent video and HSBC would like to apologise for any offence.”

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But rigging FX markets and money laundering for drug dealers is ‘cost of doing business’?


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