HSBC closing accounts for diplomats in Britain


LONDON: Global banking giant HSBC is closing the accounts of foreign diplomats in Britain and giving them 60 days to move their money, according to a report on Sunday.

More than 40 embassies and consulates are said to have been affected, including the Vatican, with the decision being described as creating “havoc” in the diplomatic corps.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , hsbc , britain , vatican

Next In Business News

Bursa Malaysia lower at midday amid hawkish US Fed cues
I-Bhd delivers higher 4Q earnings of RM10.83mil
Malaysia's Jan exports jump 19.6% as E&E demand climbs
Nestle Malaysia rises on ice cream business sale talk
Stocks dip and oil climbs as Trump ramps up Iran threats
Ringgit opens higher vs US$ amid geopolitical tensions
FBM KLCI lift slightly amid higher crude oil prices
Trading ideas: Nestle, MISC, IHH, Atlan, FBG, Bina Puri, Jentayu, Cape EMS
Nestle to explore sale of ice cream business
UK budget ‘headroom’ a harmful obsession

Others Also Read