HSBC’s Swiss private bank is being investigated by local and French law enforcement agencies over its involvement in alleged money laundering, the bank said in a statement. The investigations are at an early stage and authorities are examining potential offenses related to what the bank said were “two historical banking relationships,” according to a statement. Read More
Home » LATEST: HSBC’s Swiss private bank in AML probe from local, French authorities; impact could be ‘significant’ bank says
LATEST: HSBC’s Swiss private bank in AML probe from local, French authorities; impact could be ‘significant’ bank says
- AML Peers
- door Stephen Rae
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