Re:HSBC bans customers from buying Bitcoin-backer MicroStrat...
by sokoloff on Tuesday April 13, 2021 @07:49AM
(#26790948)
There’s no need for a bank to nanny their customers. If you don’t want to book the trade, don’t book it. Going beyond that in some tortured logic to ensure they tie up extra money (possibly incurring unjustified margin calls on other positions) has almost exclusively downsides for HSBC.
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