Video: HSBC apologises over money laundering lapses part of U.S. Said to Investigate Money Laundering at HSBC

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Tehrān : Iran | over 1 year ago
Cash Moves Paul Taggart/Bloomberg News The bank is said to have already set aside $700 million to cover the cost of potential fines. Mexican drug cartels and moving cash for Saudi Arabian...
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HSBC apologises over money laundering lapses

Europe's biggest bank - HSBC - is being accused of laundering money for drugs cartels and rogue nations. The bank has apologised to the US Senate Committee behind the investigation - one executive has already said he's resigning. Al Jazeera's Alan Fisher reports.
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