Peter Oborne: This Is the Critical HSBC Story Deleted from The Daily Telegraph Website


The Daily Telegraph quietly removed a news report from its website alleging HSBC has a £70 billion hole in its finances, even though the claim came from independent analysts and was widely reported on many other major financial news websites.
The article, which was published in January 2014, reports criticism of the bank’s financial model. But it has since vanished from the newspaper’s website with no reason given for its deletion. Rival sites such as Bloomberg News and CNBC have stuck by the story, which reports claims that the banking giant may require a major injection of new funds over the coming years.

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