HSBC shares fall after money-laundering apology

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Báo Tuổi Trẻ English 11 month(s) ago 1 related news

HSBC shares fall after money-laundering apology

Shares in global banking giant HSBC fell more than two percent in Hong Kong on Wednesday after a top executive resigned over the lender's failure to control money laundering and terrorist financing.

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HSBC apologizes for anti-money-laundering failures

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Báo Đầu Tư English 12 month(s) ago 1 related news

HSBC apologizes for anti-money-laundering failures

HSBC apologized Tuesday for failing to apply anti-laundering rules and one senior executive resigned, as lawmakers accused the global bank of giving Iran, terrorists and drug dealers access to the US financial system.

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