Hsbc Money Laundering

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  UK Banks 'Handled' $740 Million In Laundered Russian Money: Reports

  Several British banks allegedly processed nearly $740 million in a multi-billion dollar Russian money-laundering scam, The Guardian newspaper reported on Monday.

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  Blackmoney: Enforcement Directorate Scanner on Indians Named in HSBC List

  Tightening the noose around Indians whose names figured in the 'stolen' Swiss HSBC bank black money list, the Enforcement Directorate has begun a preliminary investigation in these cases for an independent hawala and money laundering probe.

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  Amid Massive Scandal, HSBC Raided in Geneva: 10 Big Developments in Money Laundering Probe

  British banking giant HSBC's Geneva offices were searched today as part of a money-laundering probe following allegations that the bank helped clients evade millions of dollars in taxes.

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  Swiss Prosecutors Raid HSBC Premises, Opens Criminal Inquiry

  Geneva's public prosecutor searched the premises of HSBC Holdings PLC in Geneva today and said it had opened a criminal inquiry into allegations of aggravated money laundering.

• A look at bank scandals since the financial crisis

  HSBC's record $1.9 billion payment to settle a US investigation into money laundering that involved Mexican drug cartels and nations such as Iran is a new setback for the reputation of banks after a series of headline-grabbing scandals.

• HSBC Bank says it is serious on compliance with law

  The HSBC Bank came out with a cautious reaction to Arvind Kejriwal's allegations on alleged money laundering through its Geneva branch saying it takes compliance with the law very seriously.

• India to investigate alleged HSBC lapses in checking money-laundering

  HSBC is being investigated by the Reserve Bank of India after a US senate committee said the bank's Indian staff mishandled checks to ensure the global banking giant was following norms that guard against money-laundering and terror-funding.

• India staff under scanner in HSBC money-laundering probe: Report

  HSBC's staff in India has come under the scanner for deficiencies in their role as "offshore reviewers" of the global banking giant's compliance to safety mechanism against money laundering and terrorist financing.

• HSBC executive David Bagley resigns as senators hammer money-laundering lapses

  HSBC Holdings Plc put itself at the mercy of the US Senate on Tuesday, acknowledging shortcomings in its anti-money laundering operations and revealing the resignation of a global executive.