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After the infamous memo: The week that shook HSBC

A vicious written attack on the investment bank’s leadership has led to a growing crisis

By

Paul Clarke

and

Tim Burke

After the infamous memo: The week that shook HSBC
Photo: FN staff

A storm has been gathering over HSBC’s Canary Wharf headquarters over the past week.

A damning indictment of the management in the British lending institution’s investment bank, penned by a group claiming to represent senior figures in the division, kicked off seven days of upheaval.

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