HSBC just informed me and, I assume, all the other Powervantage people that we now need to keep US$25,000 or so in the bank. I think this is double what it used to be.
Why would I want $25,000 sitting in a bank? That is only slightly better than stuffing it under the mattress. It isn't my fault they lent to too many sub-primes in the USA.
Guess I will drop to whatever the basic HSBC service is, unless all those small fees they charge end up being equal to the HK$120 they are going to charge me for the honor of keeping money in their bank.
This bank really isn't that impressive.