U.S. gets bank apology
Unit of global HSBC: Laxity let drug cash flow
Posted: July 18, 2012 at 3:58 a.m.
The chief executive officer of international bank HSBC’s U.S. division and other bank leaders apologized Tuesday for lax controls that lawmakers say allowed Mexican drug cartels to launder at least $7 billion in cash.
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Front Section, Pages 1 on 07/18/2012