Revoke HSBC’s Corporate Charter

Tell Maryland Attorney General Doug Gansler There Should Be No Such Thing as “Too Big To Jail”

By refusing to prosecute global banking behemoth HSBC for laundering hundreds of millions of dollars on behalf of alleged terrorists in the Middle East and drug cartels in Mexico and Colombia, the Department of Justice is sending the message that Big Banks are above the law.

The evidence against London-based HSBC – the third largest bank in the world, with more than $2.5 trillion in assets – was overwhelming. But, instead of pursuing criminal charges, the Justice Department simply fined HSBC $1.9 billion – which sounds like a lot, until you realize that’s only about a month’s worth of profit for the bank.

HSBC’s slap on the wrist is a slap in the face to anyone who believes that there should be no such thing as “too big to jail.”

Join Public Citizen in calling for punishment that could actually deter corporate crime:

Demand justice. Add your name to the petition to revoke HSBC’s corporate charter.



We, the undersigned, call on you to use your authority to forfeit HSBC’s corporate charter. HSBC is a large corporation, but should enjoy no special privilege because of its size. A Maryland corporate charter should signal integrity, and we ask that you uphold this standard.

Why Petition Maryland's Attorney General?

The US division of HSBC is chartered in the state of Maryland. Under Maryland law, the attorney general has the power to forfeit a company’s corporate charter as punishment for engaging in organized crime. Charter forfeiture would represent a strong new tool states could use to enforce the integrity of corporate behavior.

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176-200 of 39116 signatures
Number Date Name Add a Comment
38941 Fri Jun 14 08:22:11 EDT 2013 Charles Niswander No more "too big to jail" - Pull this banks charter, send the high-ups to jail, and MAKE AN EXAMPLE OF THEM! Take back our democracy from the big banks!
38940 Wed Jun 12 16:37:29 EDT 2013 Thomas Wittbrodt An organization that is too big to jail is too big to exist. HSBC should be substantially penalized for their rotten laundering. Once again our Justice Department has failed to do their job. President More....
38939 Mon Jun 10 18:36:26 EDT 2013 Stephen Spieckerman
38938 Mon Jun 10 15:58:23 EDT 2013 Andrea Poole
38937 Sun Jun 09 10:02:36 EDT 2013 John Stadler Money laundering for drug cartels is a serious, anti-social act and should be punished. When it is done by a major corporation, it MUST be punished. People go to jail for it, and the Supreme Court has More....
38936 Fri Jun 07 09:38:25 EDT 2013 Nathaniel Martin HSBC must be brought to justice .
38935 Tue Jun 04 22:37:30 EDT 2013 Kenneth Bryan
38934 Tue Jun 04 01:50:04 EDT 2013 Thomas Rascon
38933 Mon Jun 03 22:14:40 EDT 2013 Allison Gale
38932 Sat Jun 01 15:02:06 EDT 2013 Anonymous
38931 Wed May 29 10:01:45 EDT 2013 Anonymous We need many more New Deal democrats elected/appointed into TN gov on all levels, state/local/FEd and in the TVA itself! We need more telecommuting jobs that cannot be outsourced. America needs to be a More....
38930 Tue May 28 08:03:21 EDT 2013 LINDA OAKEY
38929 Thu May 23 16:56:02 EDT 2013 Colleen Kirby Cho HSBC should not be given a pass for it's criminal behavior. Revoke their charter and let all corporations know they need to do business abiding by our laws!
38928 Thu May 23 16:01:17 EDT 2013 Timothy Coglianese
38927 Thu May 23 14:39:45 EDT 2013 Thaddeus Szostak
38926 Wed May 22 15:47:32 EDT 2013 Shiu Hung
38925 Mon May 20 19:04:51 EDT 2013 carol jagiello
38924 Thu May 16 14:54:18 EDT 2013 Anonymous
38923 Mon May 13 15:52:32 EDT 2013 Rodney Smithey
38922 Mon May 13 13:40:38 EDT 2013 David Dickerson
38921 Sat May 11 12:25:36 EDT 2013 John Degnan
38920 Fri May 10 13:59:16 EDT 2013 Heather Sullivan
38919 Fri May 10 11:47:53 EDT 2013 Rosalie Salvato
38918 Thu May 09 20:37:17 EDT 2013 Steven Kranowski
38917 Thu May 09 10:08:19 EDT 2013 Rebecca
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