HSBC is one of the biggest and most crooked money laundering, organized crime, political slush-fund global banks. Offices in Bahamas, Cayman Islands, City, NY, etc. They have specialized in illicit money ops for decades and have paid a few billion of fines. All the top politicians shop there.

So yeah, it's great to boycott them.

The question is: where to transfer your money?

I don't know of a single safe and non-corrupt bank in the G7 that would take me as their client, with my paltry sum of savings.