A Better Bail-Out : Out of HSBC (inc Midland, M&S Money)
Event date 27 February 2012 08:30 – 09:30
Location Outside HSBC 33 Park Row, Leeds, West Yorkshire LS1 5JL
Categories
- better
- bail-out
- hsbc
- midland
- m&s
- money
- move your money
- staff
Event date 27 February 2012 08:30 – 09:30
Location Outside HSBC 33 Park Row, Leeds, West Yorkshire LS1 5JL
February saw the launch of Move Your Money UK, a national grassroots campaign to spread the message that we, as individuals, can help to build a better banking system through our buying power. The campaign follows a highly successful movement in the US which has led to over 10 million people moving their money into local financial institutions.
This year the banks are competing to show who is listening to public opinion, who has reduced their bonus pool the most, or which top executive is ‘nobly’ waiving their bonus. Phillip Hammonds heroic decision to forgo his bonus and Barclays choice of ‘citizenship’ as the theme for their annual results are cases in point here.