HSBC’s Mea Minima Culpa Is Really About PR And Damage Limitation

HSBC’s mea minima culpa is really about PR and damage limitation

It might have been billed as an apology – the word was even used in the text. But in reality, the HSBC chief executive Stuart Gulliver’s open letter to the bank’s customers, shareholders and staff, published in certain Sunday newspapers, was something quite different. You are probably aware by now that HSBC’s Swiss private bank helped…