Senate Report Blasts Bank For Laundering Cash From Drug Cartels And Organizations With Terrorist Ties

Senate Report Blasts Bank For Laundering Cash From Drug Cartels And Organizations With Terrorist Ties: Global bank HSBC enabled money laundering from Mexican drug cartels, funneled money to Iranian organizations despite government sanctions against the country, and was used by Saudi Arabian banks with ties to terrorist organizations, according to a Senate committee report released Monday. The bank’s executives and its regulators at the Office of the Comptroller of the [...]/p