A Senate committee has found that lax oversight at one of the world's biggest banks allowed terrorists and drug cartels to launder billions of dollars of illegal funds through its U.S. branches.

HSBC Holdings Plc is poised to pay around $300 million to settle a French criminal case into its alleged role in the “Cum-Cum” tax scandal that’s embroiled some of the biggest banks in the country, ...

Thanks to The National, we now know that for more than 10 years, HSBC turned a blind eye to alleged substantial money laundering by Raja Salameh, brother of Lebanon’s former central bank chief, Riad ...