HSBC faces money-laundering investigations by US regulators
Admits is is likely to face enforcement action
NEW YORK – HSBC USA, the US unit of HSBC Holdings, has announced it is being investigated by US regulatory bodies over possible anti-money laundering violations.
In a filing with the US Securities and Exchange Commission (SEC), the bank said it was responding to enquiries from four authorities: the Department of Justice, the US Attorney’s Office, the Office of the Comptroller of the Currency and
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