Foreign embassies in London hard hit as HSBC closes their bank accounts

“HSBC bank has told dozens of foreign missions in London that it will close their bank accounts, an official said Sunday, news that has sent diplomats across the capital scrambling to find a new place to put their money. Bernard Silver, an former honorary consul who serves as president of the Consular Corps of London, said he was told by British officials that more than 40 different embassies, consulates, and high commissions were affected. The Papal Nunciature — the Vatican’s mission to London — was affected, as was the Papua New Guinea High Commission, and the honorary consul from Benin.”

http://www.bostonglobe.com/business/2013/08/04/official-hsbc-drops-dozens-london-missions/jhg7OQIOC89CM5Oys1YfUN/story.html

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