Is HSBC about to collapse and cause another run on the banks?

[prophetofdoom2909]

HSBC needs ‘$111 billion capital injection’: Analysts http://fw.to/4yBzF5B .
HSBC has a derivative exposure of $4.321 Trilion dollars. pic.twitter.com/dEKg75WExt
HSBC to axe 25,000 jobs worldwide - Europe - Al Jazeera English http://www.aljazeera.com/news/europe/201...1o.twitter …
As predicted, Cyprus-like 'Bail-ins' coming to UK. HSBC news is the just the beginning. All UK residents prepare for haircut
And now HSBC are stopping people taking their own money from their accounts, to stop money laundering, because they were fined 5 weeks wages 1.5 billion for money laundering for terrorists and drug cartels.
Now if HSBC was a patient how would you read the symptoms?
I should also mention are you aware the world ends if they collapse!

[Alan]

Symptoms? Does "Brain Dead" qualify as a symptom? If ever there was an institution that broadcast to the world "We are failing" - it's HSBC.

I sincerely hope everybody with funds with them leaves... and invests their savings in the smaller institutions. The big banks have grown too large and corrupt.

Maybe Bank of America can follow.

[Gianormicon]

HSBC is blocking customers from withdrawing large sums of money, which corroborates your thinking. See link.

It is well known that HSBC has participated in criminal activities, but Eric Holder said it was okay, as long as the feds get their cut. See link.

Based on what we're seeing lately, HSBC will continue to operate above the law.

[flash]

Very unlikely. This urban rumour is rooted in three disconnected events, two of them relating to the bank attempting to clean up it's act. HSBC has been getting a lot of grief from banking authorities lately because they haven't been diligent enough with their checks on money laundering.

Firstly the closed the account of a large number of mainly third world foreign embassies. They did this because of concerns those accounts were being used for money laundering.

They haven't blocked withdrawals from anyone's account. They introduced a policy last November, which is in line with pretty much every other bank, and again is related to anti-money laundering regulations. All that's happened is that some of their staff have misunderstood the directive and taken it to extremes in a few isolated cases.

One analyst has voiced the opinion that HSBC has more toxic debt in it's books that has been reported. Although the upper estimate of this is a large sum, HSBC is one of the biggest banks in the world, and the sum isn't that large in relation to it's capitalisation. Also, out of all the large banks, HSBC arguably has the least amount of toxic debt on it's books to start with, which is why people were advised to move their money into HSBC during the last banking crisis. It's considered a safe haven.

Finally HSBC has been deemed "too big to fail", that means the government would step in and bail it out if anything did go wrong.

Nothing to worry about.