18-Jul-2012 19:29 HSBC

AUDIO: HSBC drug shame part of 'systemic culture' :: HSBC has been accused of allowing clients linked to Mexican drug gangs, al-Qaeda and rogue regimes such as Iran, North Korea and Burma to move money around the world with little or no scrutiny.
url: http://news.bbc.co.uk/today/hi/today/newsid_9738000/9738784.stm#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa

HSBC compliance boss quits :: url: http://rss.cnn.com/~r/rss/edition_business/~3/xNJ4S2uG78k/index.html

HSBC Compliance Boss Resigns Amid Money Laundering Scandal :: David Bagley told the Senate committee he will step down as the bank faces allegations it was used by drug kingpins and terrorists to gain access to the U.S. financial system to the tune of billions of dollars over a period of several years.
url: http://www.ibtimes.com/articles/364055/20120717/hsbc-money-laundering-drugs-terrorism-senate.htm

HSBC was used by 'drug kingpins' :: The head of HSBC has apologised at a US Senate committee hearing which heard that HSBC provided a conduit for "drug kingpins and rogue nations".
url: http://www.bbc.co.uk/news/business-18867054#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa

HSBC compliance boss quits in hearing :: Resignation follows the publication of a damning report alleging numerous compliance failures over several years at one of the world's largest banks
url: http://www.ft.com/cms/s/0/5267a2ce-d02b-11e1-99a8-00144feabdc0.html?ftcamp=published_links%2Frss%2Fhome_europe%2Ffeed%2F%2Fproduct

HSBC Head of Compliance David Bagley Steps down over Money Laundering Scandal :: David Bagley tells Senate committee he will quit over drugs, Iran and terror links that threatens HSBC charter in US.
url: http://www.ibtimes.com/articles/363997/20120717/hsbc-david-bagley-head-compliance-money-laundering.htm

Will HSBC Be Kicked Out Of America? Senate Threatens Action After Probe Shows Bank Laundered Billions In Terror And Drug Money :: The Senate probe, which also lays heavy criticism on HSBC's prime U.S. regulator, the Office of the Comptroller of the Currency (OCC), goes so far as to suggest that lawmakers should consider revoking the bank's charter to operate in the U.S.
url: http://www.ibtimes.com/articles/363875/20120717/hsbc-senate-probe-launder-money-drugs-terrorism.htm