The bank got in trouble over a high-stakes U.S.-China legal clash. In the past two years, Chinese state-owned firms have ended or cut back business with HSBC.
I am a physician working in medical affairs at UCB, co-founder of OnExamination.com and 24hourlondon.co.uk, educationalist, brewer, and coder. All opinions are personal. This is also the home of The Crap Artist (Official) blog posts. Dr Dean Jenkins FRCP.