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HSBC 'acted as financier to drug gangs' - US Senate report

Tuesday, 17 July 2012 13:48

A "pervasively polluted" culture at HSBC allowed the bank to act as financier to clients seeking to route shadowy funds from the world's most dangerous and secretive corners, including Mexico, Iran, the Cayman Islands, Saudi Arabia and Syria, according to a scathing US Senate report.

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