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 39115 signatures
Number Date Name Add a Comment
16390 Fri Feb 01 09:37:48 EST 2013 Nancy Paul When the 'big' banks and corporations do as they please without regard for punishment (in this case, HSBC's $1.9 billion fine is just the price of doing business). It just sets the stage for More....
16389 Fri Feb 01 09:37:35 EST 2013 Craig Pearson
16388 Fri Feb 01 09:37:24 EST 2013 Carl Henne
16387 Fri Feb 01 09:37:20 EST 2013 John Terlazzo
16386 Fri Feb 01 09:37:17 EST 2013 Chris Gebert
16385 Fri Feb 01 09:37:15 EST 2013 Donna Malvin
16384 Fri Feb 01 09:37:12 EST 2013 Gene Polito
16383 Fri Feb 01 09:37:03 EST 2013 judyy abrams
16382 Fri Feb 01 09:36:59 EST 2013 Daniel Higgins
16381 Fri Feb 01 09:36:54 EST 2013 Carla Capritta
16380 Fri Feb 01 09:36:49 EST 2013 Patricia Orr
16379 Fri Feb 01 09:36:41 EST 2013 Karin O'Connell
16378 Fri Feb 01 09:36:34 EST 2013 Michael Turner
16377 Fri Feb 01 09:36:32 EST 2013 Hooker Hailstone
16376 Fri Feb 01 09:36:29 EST 2013 Keri Ramsay
16375 Fri Feb 01 09:36:27 EST 2013 Jean Losek Justice for all.
16374 Fri Feb 01 09:36:26 EST 2013 Gian Colista
16373 Fri Feb 01 09:36:26 EST 2013 Elsie Peterson
16372 Fri Feb 01 09:36:17 EST 2013 Lee
16371 Fri Feb 01 09:36:06 EST 2013 Anonymous
16370 Fri Feb 01 09:35:59 EST 2013 Anonymous
16369 Fri Feb 01 09:35:52 EST 2013 Carl Sanders
16368 Fri Feb 01 09:35:48 EST 2013 Melinda Fulop
16367 Fri Feb 01 09:35:41 EST 2013 Anthony Clarke Equal justice for the poor and wealthy . prosecute
16366 Fri Feb 01 09:35:38 EST 2013 Anonymous
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