Federal officials expressed pride when they announced ... its prosecution, HSBC admitted that executives for years ignored warning signs that drug cartels in Mexico were using its branches to ...

HSBC after all, has come under focus for alleged failures relating to its business in Mexico. The bank has been fined by Mexican regulators and faces ongoing investigations by the U.S. Justice ...

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 ...

(Reuters) - In February 2008, Mexican authorities told the CEO of HSBC Holdings Plc's Mexico unit that a local drug lord referred to the bank as the "place to launder money," U.S. prosecutors said ...