Wednesday, July 25, 2012

HSBC Fined $27.5 Million in Mexican Money-Laundering Probe - Bloomberg

HSBC Fined $27.5 Million in Mexican Money-Laundering Probe - Bloomberg:

 "HSBC Holdings Plc (HSBA), Europe’s biggest bank, said its Mexican unit paid a $27.5 million fine to the nation’s regulators for non-compliance with money-laundering systems and controls."

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