Justice Department outlines HSBC transactions with drug traffickers - The Washington Post

Justice Department outlines HSBC transactions with drug traffickers - The Washington Post ~~  “HSBC is being held accountable for stunning failures of oversight — and worse — that led the bank to permit narcotics traffickers and others to launder hundreds of millions of dollars through HSBC subsidiaries, and to facilitate hundreds of millions more in transactions with sanctioned countries,” Assistant Attorney General Lanny A. Breuer said at a news conference in New York on Tuesday.