Even If HSBC Is Fined, It Will Be The Shareholders Who Pay – As Usual

Even if HSBC is fined, it will be the shareholders who pay – as usual

Another set of MPs, another deeply dispiriting display from the people who were running and overseeing HSBC, a once respectable bank, who were called to testify before them. The motley crew of witnesses before the House of Commons Public Accounts Select Committee were led by Stuart Gulliver, the chief executive and ever present at these affairs.…