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Report: Bank's Lax Control Led To Money Laundering

Tuesday, July 17, 2012 - 7:05 AMHSBC Trust Company - Details
WASHINGTON (AP) — Lax controls at Europe's largest bank, HSBC, allowed Mexican drug cartels to launder billions of dollars through its U.S. operations, a Senate investigation has found.

The Associated Press: Report: Bank's lax control led to money laundering
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