HSBC joins $200m funding round for ConsenSys

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Europe’s biggest bank, HSBC, has been fined 3.2m pounds for losing the confidential data of 180,000 customers.. Follow us on twitter at http://twitter.com/itn_news

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Despite being the biggest and one the most known banks in Hong Kong, HSBC bank may be one of the most problematic banks as well.

There are several issues that people run into while banking there.

First of all, because of the fact that Hong Kong is one of the biggest offshore havens in the world, HSBC started being suspicious and rejecting people who want to open an offshore bank account.

Furthermore, their employees are not so familiar with the individual cases, which makes the HSBC rather slow and inefficient.

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Andrew has spent the last 11 years studying and personally implementing the Nomad Capitalist lifestyle, and has started offshore companies, opened offshore bank accounts, obtained multiple second passports, and purchased real estate in a total of 20 countries.

He has also spent years creating a behavior-based system that helps people get the results they want faster and with less resistance. Andrew believes that everyone can use offshore strategies to keep more of their own money, live a life of freedom, and grow their wealth faster.

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HSBC Private Banking and Wealth Management CIO Willem Sels joins Yahoo Finance’s Zack Guzman and Aikiko Fujita to discuss the latest market action.

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