Meanwhile between 2007 and 2008 clients exported US$7 billion from HSBC Mexico accounts to HSBC U.S. accounts. In fact, during 2008, HSBC Mexico, the country’s fifth largest bank, ...

Headlines about Mexico have been dominated by violence, corruption and weak growth. However, the country looks set to revive its fortunes, with investors and banks like HSBC keen to tap the nation.

HSBC entered Mexico by acquiring Grupo Financiero Bital in 2002, where, in 2012, it faced penalties of more than $2 billion ...

Mexico's National Securities and Banking Commission said Wednesday that HSBC has paid the fines, equivalent to 379 million pesos, or about half of the subsidiary's 2011 annual profits.

British banking group HSBC has agreed to buy one of Mexico's biggest banks, Grupo Financiero Bital, in an all-cash deal worth more than $1bn. The acquisition, which has been in the pipeline for ...

HSBC Holdings PLC agreed to acquire Grupo Financiero Bital SA, Mexico's fifth-largest bank in terms of assets, for as much as $1.14 billion (€1.16 billion). HSBC said its offer of about $1.20 ...

* Fined for “non-compliance with anti-money launderingsystems”* Mexican regulator imposes $27.5 mln fine on HSBC* HSBC slammed by U.S. Senate a week agoBy Steve SlaterLONDON, July 25 (Reuters ...

MEXICO CITY (AP) -- Mexican regulators have levied a $28 million fine against the Mexico subsidiary of London-based HSBC bank for failing to prevent money laundering through accounts at the bank.