HSBC: the Don Giovanni of banks?
HSBC's results were bad. But they could get a whole lot worse. The list of lawsuits they are facing resembles Don Giovanni's catalogue of conquests, as eloquently explained by his accomplice Leporello. Don Giovanni was, of course, eventually sent to hell as retribution for his crimes. Will HSBC, too, be consigned to fire and brimstone? Somehow I doubt it...
My Forbes piece on HSBC's catalogue of lawsuits is here.
And if you like Mozart, Leporello's "catalogue aria" is here. The Italian words and English translation are here.