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Hsbc Holdings Plc

Bank's Lax Controls Led To Drug Cartel Money Laundering

AP | MARCY GORDON | Posted 09.15.2012 | Business

WASHINGTON — Europe's largest bank had lax controls that allowed Mexican drug cartels to launder billions of dollars through its U.S. operations...

Fed Fines Big Banks For Alleged Foreclosure Abuse

AP | DEREK KRAVITZ | Posted 03.19.2012 | Business

WASHINGTON -- The Federal Reserve said Monday that it plans to fine eight additional U.S. bank holding companies for improperly foreclosing on homeown...

Bank Faces Multiple Probes Over Illegal Money Tied To Iran

Reuters | Posted 04.28.2012 | Business

By Carrick Mollenkamp Feb 27 (Reuters) - HSBC Holdings Plc said on Monday it will likely face criminal or civil charges from an expan...

Possible Cartel Behavior By UBS And Credit Suisse?

AP | Posted 02.03.2012 | Business

BERN, Switzerland -- The Swiss Competition Commission said Friday it has launched an investigation into possible cartel behavior by a dozen banks incl...

HSBC Latest Europe Bank To Make Big Staff Cuts

Posted 08.30.2011 | Business

LONDON (Sarah White and Steve Slater) - HSBC Holdings Plc is poised to axe about 700 jobs in its UK retail bank arm, as swingeing staff cuts begin...