HSBC was once described by a Mexican drug lord as 'the place to launder money' given the banking giant's lax controls. Photo: Reuters HSBC was once described by a Mexican drug lord as 'the place to launder money' given the banking giant's lax controls. Photo: Reuters
HSBC was once described by a Mexican drug lord as 'the place to launder money' given the banking giant's lax controls. Photo: Reuters
HSBC
Business /  Banking & Finance

US monitor says HSBC’s anti-money-laundering fixes leave ‘much work to be done’

Topic |   HSBC
Reuters
Reuters

Updated: 5:08pm, 2 Apr, 2014

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HSBC was once described by a Mexican drug lord as 'the place to launder money' given the banking giant's lax controls. Photo: Reuters HSBC was once described by a Mexican drug lord as 'the place to launder money' given the banking giant's lax controls. Photo: Reuters
HSBC was once described by a Mexican drug lord as 'the place to launder money' given the banking giant's lax controls. Photo: Reuters
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