HSBC Holdings ( ($GB:HSBA) ) just unveiled an update. HSBC Holdings plc has announced the repurchase and cancellation of its ordinary shares as ...

The Justice Department on Wednesday announced the largest-ever seizure of cryptocurrency funds linked to so-called ...

The Zurich Public Prosecutor's Office is investigating whether Hässig disclosed confidential banking information in his 2016 ...

A Nevada man received a nearly three-year federal prison sentence after being convicted on wire fraud and money-laundering ...

In the Tang dynasty, Chinese merchants began buying rice on credit with a system that relied on trust and trade to sidestep ...

Swiss banking supervisory authority FINMA has ruled that HSBC Holdings’ HSBC Switzerland branch, HSBC Private Bank (Suisse) SA, violated money laundering ... The news was first reported by ...

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 ...

HSBC's Swiss private bank violated money-laundering regulations by not undertaking necessary checks on high-risk accounts, the country's financial regulator said. The global bank operated two high ...

In 2021, the Guardian newspaper revealed an internal HSBC report with information on how the bank had discovered a suspected money laundering network involving $4.2 billion worth of payments.

Google Cloud recently announced the launch of its “Anti Money Laundering AI” (AMLAI) service after a successful trial with London-based financial services group HSBC. AMLAI uses machine ...

Fatima Attarwala is a business news writer and editor with a decade ... launch of an artificial intelligence (AI)-powered anti-money laundering (AML) product on Wednesday. The tool is designed ...