Tuesday, August 6, 2013

HSBC closes accounts for Vatican and diplomats (VIDEO)

The Hong Kong Shanghai Banking Corporation told the Vatican to find another bank.

The biggest bank in England told dozens of foreign missions in London that it will be closing their bank accounts. 

More than 40 embassies, consulates and High Commissions have been affected and even the Vatican has been given its marching orders.

The Vatican has 60 days to find a new bank to call home. RT's Erin Ade explains why the change.

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