WASHINGTON -- The chief compliance officer Britain's HSBC says he is stepping down from that position after an investigation found that lax controls at the international bank allowed Mexican drug ...

WASHINGTON – The chief compliance officer of Britain’s HSBC says he is stepping down from that position after an investigation found that lax controls at the international bank allowed Mexican drug ...

WASHINGTON -- The CEO of the U.S. division of the big international bank HSBC is apologizing for lax controls that lawmakers say allowed Mexican drug cartels to launder billions of dollars through the ...

WASHINGTON – Global banking giant HSBC and its U.S. affiliate exposed the U.S. financial system to a wide array of money laundering, drug trafficking, and terrorist financing risks due to poor ...

Earlier this year, on February 27, 2012 HSBC Holdings Plc announced that it will likely face criminal or civil charges from an expanding U.S. Department of Justice investigation into its alleged ties ...

HSBC avoided a legal battle that could further savage its reputation and undermine confidence in the global banking system by agreeing Tuesday to pay $1.9 billion to settle a U.S. money-laundering ...

And I'm Robert Siegel. The British bank, HSBC, has come under intense scrutiny in the Senate. A subcommittee released a report saying the bank played fast and loose with U.S. banking rules and became ...

Officials from HSBC are on Capitol Hill today, answering the damning findings of a Senate report filled with shocking information about how the bank circumvented regulations to allow America's enemies ...

Bank has been in negotiations over allegations of laundering funds of nations including Iran, Sudan WASHINGTON (AP) — HSBC, the British banking giant, will pay $1.9 billion to settle a ...