HSBC's US probe

British banks "shamed" by US regulators

Should more people at the top be held accountable?
Even more to shout about: Occupy protesters outside HSBC's iconic headquarters earlier this year

One of the distinctive features of HSBC’s landmark headquarters in Hong Kong, designed by celebrated British architect Norman Foster, is its lack of visible internal supporting structure. That doesn’t seem too dissimilar to HSBC’s corporate structure given July’s US Senate report claiming the bank was complicit as a conduit for money laundering by Mexican drug cartels and that it failed to turn away clients with alleged ties to terrorism.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media