The report alleges the UK “hampered” the probe and “influenced” the outcome. HSBC was accused of letting drug cartels use US banks to launder funds. A US Congressional report revealed UK ...

HSBC's head of compliance quits after the bank's Mexico branch, which moved billions of dollars of bulk cash through HSBC's U ...

Swiss banking supervisory authority FINMA has ruled that HSBC Holdings’ HSBC Switzerland branch, HSBC Private Bank (Suisse) SA, violated money laundering ... The news was first reported by ...

HSBC admitted having poor money laundering controls and apologised ... 1.5bn to cover the costs of any settlement or fines. The news followed the announcement of a similar but much smaller ...

Banking giant HSBC has begun to use artificial intelligence technology from big data start-up Quantexa to track and combat money laundering. After completing a successful pilot of the technology ...