Ignorant American here. Isn’t Hong Kong supposed to be the HQ/money exit point for Chinese organized crime? And HSBC is the main bank there, but headquartered in the UK?

If I had to guess they are heavily involved with spooks and foreign assets operating in China (and if so, why not use them for non-Chinese intelligence-financial shenanigans?) and a lot of their “illegal” activity is unofficially blessed by foreign intelligence.

Hopefully Canadian citizens are the "lender of last resort", just like we Americans are the "lender of last resort".

The bankers must be made whole -- nothing else matters.

"The reason we can say space pirates does not exist is that HSBC does not have a subdivision dedicated to catering to such clients"