Legal
HSBC’s Flint apology over money laundering scandal
HSBC chairman Douglas Flint publicly apologised to shareholders yesterday for the bank’s failings after it was fined £1.3 billion in December following a probe into its Mexican and stateside operations. US regulators scathingly criticised HSBC’s lax financial controls that allowed two drug cartels to launder £582 million of dirty money…
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Click here to read the full story: Scotsman