HSBC orders social media blackout after suspect funds report

HSBC Holdings Plc told its staff to stop posting on all the bank’s social media accounts over fears of ‘negative reactions’ to the revelations in leaked suspicious activity reports. — Bloomberg

HSBC Holdings Plc told its staff to stop posting on all the bank’s social media accounts over fears of "negative reactions” to the revelations in leaked suspicious activity reports.

In a memo to employees on Sept 21, Tricia Weener, head of marketing for HSBC’s global commercial and investment banking arms, said the London-based company would not post until at least 11am UK time (6pm Kuala Lumpur) on Sept 22.