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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22726-22750 of 39116 signatures
Number Date Name Add a Comment
16391 Fri Feb 01 09:35:32 EST 2013 robin hubbard
16390 Fri Feb 01 09:35:23 EST 2013 Gordon Kircher
16389 Fri Feb 01 09:35:10 EST 2013 Mike Mehlos
16388 Fri Feb 01 09:35:09 EST 2013 Deborah Wertz
16387 Fri Feb 01 09:35:06 EST 2013 Stephen Clayton
16386 Fri Feb 01 09:34:57 EST 2013 suzanne wuerthele
16385 Fri Feb 01 09:34:43 EST 2013 matthew
16384 Fri Feb 01 09:34:38 EST 2013 Susan Colby
16383 Fri Feb 01 09:34:21 EST 2013 Wayne Foote Monetary penalties are not working. The big banks must get the message that their despicable, and illegal, tactics will not be tollerated. If we must revoke their charter; if that's the only way, then More....
16382 Fri Feb 01 09:34:18 EST 2013 Donna Scaletta
16381 Fri Feb 01 09:34:04 EST 2013 lynn snyder
16380 Fri Feb 01 09:33:49 EST 2013 william campbell jr they should all go to jail and pay huge fines
16379 Fri Feb 01 09:33:39 EST 2013 Maryam Jouzi
16378 Fri Feb 01 09:33:32 EST 2013 Bertram Hill
16377 Fri Feb 01 09:33:13 EST 2013 Myra Baker
16376 Fri Feb 01 09:33:03 EST 2013 Vernon Batty
16375 Fri Feb 01 09:32:47 EST 2013 Marilyn
16374 Fri Feb 01 09:32:42 EST 2013 Michael Kiefer What makes them immune to prosecution for what they did. If I did it I would be behind bars.
16373 Fri Feb 01 09:32:42 EST 2013 Anonymous
16372 Fri Feb 01 09:32:40 EST 2013 William Rice We are all sick of these criminals. Enough. Throw the book at them
16371 Fri Feb 01 09:32:23 EST 2013 Brandon Colapete
16370 Fri Feb 01 09:32:21 EST 2013 Anita Yu
16369 Fri Feb 01 09:31:59 EST 2013 Stacie Taylor Losing their charter should be the least of the punishments
16368 Fri Feb 01 09:31:52 EST 2013 Marilyn
16367 Fri Feb 01 09:31:51 EST 2013 Sandra Earley
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