It has been involved in various controversies and legal issues, including the 2012 money laundering scandal that led to significant reforms and regulatory scrutiny. Despite its challenges ...

Assistant US Attorney General Lanny Breuer speaks during a news conference to announce money laundering charges against HSBC on December ... with the Enron scandal. The conviction was later ...

Recent news that HSBC executives ... the above scandal has taken place although elaborate arrangements exist at national and international levels to detect and deter money laundering and terrorism ...

But there are some who feel HSBC can still count itself fortunate for not being more heavily punished over their failure to prevent Mexican and Colombian drug cartels from laundering hundreds of ...

HSBC Holdings PLC's chief executive apologized for "shameful" failure in oversight that allowed the U.K. bank's operations to be used by money launderers and potential terrorist financiers ...

Swiss prosecutors are investigating the country's arm of HSBC for suspected money laundering as the scandal over the bank's alleged tax avoidance schemes deepens. A search was ordered of HSBC ...

HSBC has drawn a line under scandal that saw it fined $1.9bn ... the lender had pledged to strengthen its sanctions and money-laundering controls. HSBC said it had "lived up to all its commitments ...

WASHINGTON British bank HSBC (HBC ... allegations that they moved money for people or companies under U.S. sanction. The money-laundering affair is the latest scandal to strike the banks since ...

HSBC Holdings plc HSBC has owned up to the ... involvement in the €200-billion ($220 billion) Danske Bank money-laundering scandal. In 2018, ING Groep NV ING was fined $900 million by the ...

It’s the latest scandal to hit ... that they moved money for people or companies that were on the U.S. sanctions list. HSBC conceded that its anti-money laundering measures were inadequate ...

Authorities in Argentina have warned of possible money laundering by HSBC bank in a case involving Anglo-Dutch oil and gas company Shell — the latest in a long line of accusations of the bank’s ...