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Tag: customers

cutting off customers

“Cutting Off Customers Can Backfire”

October 26, 2014AML, Anti-Terrorist Financing, Remittancesgeorge

According to the Wall Street Journal, HSBC recently stated that it has “closed accounts in certain segments,”. According to the WSJ, Mr. Werner, speaking at a New York State Society of Certified Public Accountants event said that “We’ve done it because we have shareholders and…

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