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Exclusive: Senate investigating HSBC for money laundering

By: Yossel in NUTS & BOLTS | Recommend this post (0)
Wed, 25 Jan 12 10:49 PM | 101 view(s)
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Exclusive: Senate investigating HSBC for money laundering

A view shows the entrance to a HSBC Bank branch in New York August 1, 2011.

(Reuters)- HSBC Holdings PLC is under investigation by a U.S. Senate panel in a money-laundering inquiry, the latest step in a long-running U.S. effort to halt shadowy money flows through global banks, according to people familiar with the situation and a company securities filing.

Credit: Reuters/Shannon Stapleton

Carrick Mollenkamp, Brian Grow and Brett Wolf

Wed Jan 25, 2012 12:56pm EST

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http://www.reuters.com/article/2012/01/25/us-hsbc-probe-idUSTRE80O1FH20120125




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