Our HSBC - too big to fail, and too big to work

We've received a missive from economist Jim Walker, the founder and managing director of Asianomics, who is currently sojourning in Europe. He was recently in Paris, and attempted to use his HSBC ATM card at an HSBC ATM machine on the Champs-Élysées. The only payment network used by HSBC outside Hong Kong is China UnionPay. A Hong Kong-issued ATM card did not work at the illustrious location, Walker writes.

via Business feed http://www.scmp.com/business/article/1275583/our-hsbc-too-big-fail-and-too-big-work