HSBC Orders Social Media Blackout After Suspect Funds Report
- All social media posting paused immediately, staff memo says
- Bank concerned about ‘negative reactions’ after FinCEN leak
This article is for subscribers only.
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 Monday, 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 11 a.m. U.K. time Tuesday.