NEW YORK (CNNMoney) -- Global banking giant HSBC will face scrutiny on Capitol Hill next week over its allegedly lax protections against money laundering by organized criminals and terrorist groups.

The report [link to PDF here] which ... allowing money laundering issues "to accumulate into a massive problem". The failings and lax controls inside HSBC included an inability to properly monitor ...

The families of the victims held HSBC responsible for intentionally contributing to the international drug and trafficking trade by being a part of the money laundering ... in that case, U.S ...

Executives of HSBC Holdings Plc and its U.S. subsidiary are scheduled to testify Tuesday before a Senate panel about how the London-based banking behemoth, after years of run-ins with U.S ...

WASHINGTON — Lawmakers on Tuesday will unveil the results of a yearlong investigation documenting subpar anti-money-laundering practices at global banking giant HSBC and its U.S. affiliate. The review ...

Money laundering by banks has ... enforcement official said the sum HSBC was paying would include $1.25 billion in forfeiture -- the largest ever in a case involving a bank -- and $655 million ...

Sponsor Message The Wall Street Journal adds that HSBC expects to announce "a similar agreement with U.K. authorities soon." The Journal reports that: "Many of the HSBC money-laundering problems ...

Reuters. "HSBC to Pay $1.9 Billion U.S. Fine in Money-Laundering Case." U.S. Department of Justice. "HSBC Holdings Plc. and HSBC Bank USA N.A. Admit to Anti-Money Laundering and Sanctions ...

HSBC announced earlier in the day that it has agreed to pay a record $1.92 billion fine to settle charges connected to a money laundering scheme in the United States. One of the largest banking ...

The Federal Reserve has terminated a 2012 enforcement action with HSBC Holdings in which the London-based bank had admitted that it willfully violated its anti-money-laundering obligations. The Fed's ...

Senators plan to use HSBC as a case study in discussing "the money laundering and terrorist financing vulnerabilities created" when global banks deal with high-risk counterparties, the ...