HSBC received multiple warnings. U.S. regulators ordered the bank in 2003 to strengthen its anti-money laundering controls, and did so again in 2010 after finding it had continued to ignore ...

WASHINGTON British bank HSBC (HBC) violated the Bank Secrecy Act in connection with the laundering of money from narcotics drug traffickers in Mexico and intentionally allowed prohibited ...

Probe focused on the transfer of money on behalf of nations like Iran NEW YORK — British banking giant HSBC agreed to pay a record $1.92 billion settlement Tuesday after a broad investigation by ...

Suspect Money Trails In the aftermath of a yearlong Senate investigation, it was revealed that HSBC's U.S. operations served as a financial gateway for suspicious activities. The bank's U.S ...

The bank faces two criminal investigations into whether HSBC employees in Mexico were complicit in money-laundering and tax evasion. New York City-based research group ProPublica reported that ...

HSBC’s Private Bank Violated Money Laundering Rules, Finma Says Bank can’t take new exposed clients until agreed by regulator Transactions from Lebanon worth $300 million face scrutiny ...