Federal judges have lauded the government’s goal of rooting out money laundering schemes but questioned the effectiveness of ...

Documents circulating online that purport to expose a $100 billion money laundering scheme involving the Marcos family’s supposed 350 metric tons of gold are riddled with red flags.

In 2012, HSBC was fined $1.9bn and entered into a Deferred Prosecution Agreement for facilitating the laundering of money by the Mexican drugs cartel headed by Joaquín “El Chapo” Guzmán.

"HSBC Exposed U.S. Financial System to Money Laundering, Drug, Terrorist Financing Risks." S&P Global. "HSBC confirms plan to sell US retail business." Reuters. "HSBC puts global footprint under ...

HSBC's lax controls enabled drug cartels to move hundreds of millions of dollars ... Back in 2012, the Justice Department found that HSBC Bank USA "severely understaffed" its anti-money-laundering ...

Did you hear about the bank that was fined US$1.9 billion in 2012 for covering up money laundering ... the Mexican Sinaloa drugs cartel became an enthusiastic HSBC customer, depositing vast ...

The UK’s financial watchdog has fined HSBC almost £64m ... it admitted a string of anti-money laundering failures related to the activities of a suspected "drugs gang" behind deposits worth ...

after HSBC agreed to pay $1.9bn in fines – a record at the time – for allowing drug traffickers to funnel at least $881m through its accounts in one of the most high-profile money laundering scandals ...

HSBC raised the potential breach of money laundering laws in a note in the ... for allowing its network to be used by Mexican drug cartels to launder $881m. Austrac said it does not comment ...

A former HSBC Holdings Plc banker was found guilty of money laundering, but cleared of related drug charges in a French trial of four brothers accused of operating a sophisticated ring to ...

Documents in the case against the bank in 2012 stated that lax money laundering controls at HSBC allowed two cartels - one each in Mexico and Colombia - to move $881m in drug proceeds through the ...