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 ...

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 ...

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 ...

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 ...

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 ...

The top executives including the CEO of HSBC Holdings plc ( HBC) are set to face a tough inquiry by the congressional committee for their alleged involvement in money laundering during the period ...

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 ...

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 ...

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 ...

Lord Peter Hain told Parliament he had asked the Treasury to refer an unnamed UK bank for investigation into possible involvement in money laundering ... scandal. Regulators are looking into HSBC ...