Bailiffs connected to HSBC courts in Hong Kong issued the orders to evict Hong Kong protesters from the Asian headquarters of HSBC Holdings Place, which happens to be the final holdout of the worldwide Occupy movement. The HSBC court bailiffs had to evict Hong Kong protestors – a minimum of two demonstrators.
U.K-based bank Standard Chartered Plc. may lose its license to do business in the New York State. The New York State Department of Financial Services (DFS), a New York’s top banking regulator, accused bank of illegally handling at least $250 billion in transactions with Iranian institutions. Standard Chartered Plc. was called a “rough institution”, which violated U.S. laws. Bank is said to have hidden $250 billion in over seven years and violated federal money laundering laws.