Outrage and anger at HSBC over bank’s “patronising” pink logo

That’s not the only problem the world’s local bank has had. According to Private Eye, it was successfully sued for misleading advertising a year ago. One of its adverts was set in China, and featured a troubled father finally managing to get something for his daughter through saving at the world’s local bank’s very local branch in a particular Chinese city. I can’t remember which one, but the advertising watchdogs took good note, and definitely weren’t impressed. It turned out that there wasn’t a branch of HSBC in that particular city. And HSBC has been caught out making claims of having branches in several countries closer to home, such as Norway, where prospective customers have found to their cost that, er, no, there isn’t.

As for the pink logo, do you think there’s a bit of post-imperial nostalgia going on here? Once upon a time, one-sixth of the Earth’s landmass was covered in pink ink as part of the British Empire. Well, the captains and the kings have departed, but some on the Right would want it all back, like Niall Ferguson. Besides, you wouldn’t want one of the great capitalist institutions to go red, would you?

Pride's Purge

(satire?)

MPs and newspapers are expressing outrage at the HSBC bank after the bank was accused of being patronising when leaks revealed top executives secretly signed off on a logo which was pink, it emerged today.

The shocking colour of the bank’s logo came as it emerged the Government knew about the pinkness of HSBC advertisements before David Cameron made the bank’s executive chairman Lord Green a minister in 2010:

HSBCHSBC’s shocking pink logo

A spokesperson for Mr Cameron denied the government had been part of a cover-up over the bank’s activities and insisted there were other more important things to consider than the colour of HSBC’s logo, such as the size and shape of Amanda Holden’s nipples.

Financial expert Richard Murphy from Tax Research UK however, said while pink banking logos are not strictly illegal, they are often used as a way of distracting people from the real story of massive tax evasion and theft…

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