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Showing posts with label Mexican bank. Show all posts
Showing posts with label Mexican bank. Show all posts

December 13, 2012

HSBC blasted for 'stunning failures over oversight'

The US says "dangerous practices" at HSBC allowed the bank to pass money to "drug kingpins and rogue nations", fining it $1.9bn (£1.2bn). HSBC agreed the fine, the largest of its kind, earlier on Tuesday.