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The Guardian - UK
The Guardian - UK
Business
Jasper Jolly

HSBC cuts references to Ukraine ‘war’ from its analyst reports

HSBC Ukraine United Kingdom Russia Kevin Hollinrake United States
A Russian self-propelled artillery gun destroyed following a battle in the town of Trostyanets, Sumy region
HSBC is under pressure to follow the lead of some of its largest rivals and close its Russian operations over the war in Ukraine. Photograph: General Staff of the Armed Forces of Ukraine/AFP/Getty Images

HSBC has reportedly removed references to a “war” in Ukraine from research reports, amid calls for the British bank to close its operations in Russia.

Russia’s government refers only to a “special military operation” in Ukraine, and Vladimir Putin’s regime has criminalised reporting on its invasion that contains any information from non-official sources, with prison sentences of up to 15 years.

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