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[return to ""Fake Chinese income" mortgages fuel Toronto real estate bubble: HSBC bank leaks"]
1. neilv+p6[view] [source] 2024-02-06 18:18:15
>>eswat+(OP)
> But more than a year later, D.M. was so dissatisfied with the bank’s response that

I only recognize the HSBC name from scandals in the news: https://en.wikipedia.org/wiki/HSBC#Controversies

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2. saiya-+X7[view] [source] 2024-02-06 18:24:04
>>neilv+p6
Look at any wiki article on any major global bank, the chapter about 'controversies and legal issues' is always a thick list, HSBC ain't worse or better than others.

There are no good guys there, that's not why the business was set up and corresponding folks were/are hired. If you want more controls, enforce more regulations, they do work if well defined.

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3. jacque+U9[view] [source] 2024-02-06 18:32:03
>>saiya-+X7
HSBC seems worse than many others. When I moved to Canada my immigration lawyer explicitly advised to stay away from HSBC, this was in 2000 or so and they already had a pretty bad rep. The various scandals since then haven't improved that reputation. TD, CT and RB have their own problems but none of them have received even close to the total fines that HSBC has (to the best of my knowledge).

I agree there are no good guys here, but there are shades.

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