Scandals

HSBC

Offshore Initiative

HSBC Holdings Plc. and HSBC Bank USA N.A. Admit to Anti-Money Laundering and Sanctions Violations, Forfeit $1.256 Billion in Deferred Prosecution Agreement

US Department of Justice

Bank Agrees to Enhanced Compliance Obligations, Oversight by Monitorin Connection with Five-year Agreement ...

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HSBC Should Be Prosecuted

Politico - Jack Blum - July 31, 2012

After reading the Senate Permanent Investigations Subcommittee report, I am convinced that HSBC should be criminally prosecuted. So should its responsible officers and board members.

The report and follow-up hearings have shown that the bank has knowingly violated many criminal laws ...

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