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TextDiplomats in London have been thrown into chaos after Britain’s biggest bank, HSBC, sacked them as customers and gave them 60 days to move their accounts. Their situation has been made far worse because other banks have been closing ranks and refusing to take their business. More than 40 embassies, consulates and High Commissions have been affected. Even the Vatican has been given its marching orders. Read more: www.thisismoney.co.uk... Follow us: @MailOnline on Twitter | DailyMail on
Wow! This is very big news,the timing is right on the money with a lot of embassies
closed due to terror threats,however I do not know if this could have anything to do
With the closures or not.
Embassies and consulates desperately need a bank, not just to take in money for visas and passports, but to pay staff wages, rent bills, even the congestion charge.’
HSBC Holdings Plc agreed to pay a record $1.92 billion in fines to U.S. authorities for allowing itself to be used to launder a river of drug money flowing out of Mexico and other banking lapses.