HSBC fires staff for mock Daesh execution video

London - The bank described the video, showing staff members in balaclavas holding a fake knife over a kneeling man in an orange jumpsuit, as “abhorrent”.

The employees filmed the video on an HSBC team-building day at a go-karting centre in Birmingham and posted it on Instagram before deleting it, according to newspaper The Sun, which published the video on its website.
In the eight-second clip, a kneeling man in a jumpsuit is held by the shoulders while a colleague wields a coat hanger like a knife above him, as though preparing to cut off his head.
HSBC has recently weathered a string of bad publicity, including allegations its Swiss private banking arm helped wealthy clients dodge tax, and fines by regulators for attempting to rig foreign exchange markets.
In June it announced it would cut its global workforce by up to 50,000 as it exits Brazil and Turkey and mulls relocating its headquarters back to Asia from London.