The author offers observation on whistleblowing concerning the fraudulent acts of financial services firm HSBC Bank. Topics discussed include importance of whistleblowing in undermining bank secrecy, U.S. government investigation, led by Senator Carl Levin, on HSBC's offenses covered by the Deferred Prosecution Agreement (DPA), and allegations made by John Cruz, a former relationship manager for HSBC in the New York City area, against some HSBC managers who defrauded the bank.