Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Back to General Questions/Other

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
ShorebreakShorebreak2,368 posts since
Apr 6, 2010
Rep Points: 12,623