MEXICO CITY – 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 after all, has come under focus for alleged failures relating to its business in Mexico. The bank has been fined by Mexican regulators and faces ongoing investigations by the U.S. Justice ...

Mexico may be ready by next week to put retaliatory tariffs on steel from the U.S. in response to action taken by President Donald Trump, said HSBC economist Jose Carlos Sanchez, who called this is "a ...

Europe's biggest bank HSBC will inject $4 billion into its private credit funds, amid a wider push by banks into the booming ...

HSBC Holdings PLC HSBC is considering retrenching its retail operations outside the U.K. and Hong Kong, particularly in Mexico, to mitigate costs further and focus on wealthier “premier” clients.

HSBC Holdings PLC agreed to acquire Grupo Financiero Bital SA, Mexico's fifth-largest bank in terms of assets, for as much as $1.14 billion (€1.16 billion). HSBC said its offer of about $1.20 ...

Mexico's banking regulator on Tuesday defended its role in a money laundering scandal engulfing HSBC Holdings Plc, saying it had repeatedly told the bank to improve lax controls over suspect funds ...