HSBC's head of compliance quits after the bank's Mexico branch, which moved billions of dollars of bulk cash through HSBC's U.S. bank despite suspicions that client accounts were being used for ...

HSBC Holdings PLC HSBC is considering retrenching its retail operations outside the U.K. and Hong Kong, particularly in Mexico, to mitigate costs further and focus on wealthier “premier” clients.

It constitutes 51.5% of the 2011 annual profit of HSBC Mexican subsidiary. Mexico's National Banking and Securities Commission (CNBV) said it had imposed the fine against HSBC due to its “non ...

Guillermo Babatz, head of Mexico's banking and securities commission: HSBC controls were lax Mexico's banking regulator on Tuesday defended its role in a money laundering scandal engulfing HSBC ...

A major report from the United States Congress has revealed that one of the world’s biggest banks, HSBC, allowed dangerous criminals to move money through the US financial system. Drug cartels from ...