WASHINGTON British bank HSBC (HBC) violated the Bank Secrecy Act in connection with the laundering of money from narcotics ... Breuer said at a news conference announcing the settlement.

London-based HSBC told FOX Business it is clawing back bonuses related to the money-laundering lapses ... tech and money news that matters to you. We've added you to our mailing list.

Assistant US Attorney General Lanny Breuer speaks during a news conference to announce money laundering charges against HSBC on December 11, 2012 in New York City. Federal officials expressed ...

HSBC conceded that its anti-money laundering measures were inadequate and that it has taken big steps in beefing up its controls. The bank also said it has reached agreements over investigations ...

The subcommittee said the OCC allowed HSBC's anti-money laundering deficiencies "to fester for years" before finally taking action in 2010, requiring the bank to improve its internal controls.

HSBC Holdings Plc has agreed to pay $1.92 billion to settle a multi-year U.S. criminal probe into money-laundering lapses ... tech and money news that matters to you. We've added you to our ...

In 2021, the Guardian newspaper revealed an internal HSBC report with information on how the bank had discovered a suspected money laundering network involving $4.2 billion worth of payments.

HSBC operates in more than 80 countries around the world Failure after failure at HSBC led to the London-based bank being used as a conduit for "drug kingpins and rogue nations", a 300-page report ...

HSBC has drawn a line under scandal that saw it fined $1.9bn (£1.4bn) in the US five years ago for failing to prevent Mexican drug cartels from laundering hundreds of millions of dollars.

The watchdog did not name the individuals involved in the suspected money laundering. FINMA said HSBC’s handling of ... vandals in broad daylight Transfer news LIVE! Arsenal in Sesko talks ...

HSBC operates in more than 80 countries around the world Failure after failure at HSBC led to the London-based bank being used as a conduit for "drug kingpins and rogue nations", a 300-page report ...

Between 2006 and 2010, HSBC ignored money-laundering risks associated with certain Mexican customers and allowed at least $881 million in drug trafficking proceeds, including proceeds from the ...