Meanwhile between 2007 and 2008 clients exported US$7 billion from HSBC Mexico accounts to HSBC U.S. accounts. In fact, during 2008, HSBC Mexico, the country’s fifth largest bank, ...

HSBC entered Mexico by acquiring Grupo Financiero Bital in 2002, where, in 2012, it faced penalties of more than $2 billion ...

Mexico's National Securities and Banking Commission said Wednesday that HSBC has paid the fines, equivalent to 379 million pesos, or about half of the subsidiary's 2011 annual profits.

Mexican regulators have levied a $28 million fine against the Mexico subsidiary of London-based HSBC bank for failing to prevent money laundering through accounts at the bank.

HSBC, one of the UK's Big Four banks, is eyeing one of Mexico's biggest banks despite being stung earlier this year by the meltdown of a number of Latin American economies.

British banking group HSBC has agreed to buy one of Mexico's biggest banks, Grupo Financiero Bital, in an all-cash deal worth more than $1bn. The acquisition, which has been in the pipeline for ...

Headlines about Mexico have been dominated by violence, corruption and weak growth. However, the country looks set to revive its fortunes, with investors and banks like HSBC keen to tap the nation.

Executives for London-based HSBC, which controls one of the largest banking operations in Mexico, have told investors the chain is not interested in buying out Citigroup's consumer bank in the ...

HSBC's participation adds 5,600 Mexico ATMs to the network, the banks said, in addition to the 3,500 machines shared between the other five banks, which entered into a partnership in 2021.

* Fined for “non-compliance with anti-money launderingsystems”* Mexican regulator imposes $27.5 mln fine on HSBC* HSBC slammed by U.S. Senate a week agoBy Steve SlaterLONDON, July 25 (Reuters ...