UNITED KINGDOM
Daily Mail
By JOANNE HART, FINANCIAL MAIL ON SUNDAY
PUBLISHED: 16:42 EST, 3 August 2013
Diplomats 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.
The Pope’s representative office in Britain, the Apostolic Nunciature, has banked with HSBC for many years but was told to find another bank.
One diplomatic source said he believed HSBC feared being exposed to embassies after it was fined $2billion (£1.32billion) by US authorities last year.
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