HSBC Bank Argentina - History - December 20, 2001, Incident

December 20, 2001, Incident

On December 20, 2001, at the height of the December 2001 riots in Argentina, HSBC security personnel opened fire from inside the HSBC Buenos Aires headquarters building against civilians that had been marching to Plaza de Mayo to demonstrate against President Fernando de la RĂșa who resigned a day later. Gustavo Ariel Benedetto was murdered by a 9 mm gunshot to his head in this episode. HSBC's security video recordings demonstrated later that security personnel actually opened fire while not being at any substantial risk since marchers were not able to enter the building. Additionally, carrying lethal weapons in public places by private security personnel is forbidden by law in Buenos Aires.

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