HSBC apologizes for lax controls on laundering
Source: Agencies |
July 18, 2012, Wednesday
|
Print Edition
Print Edition
THE CEO of the US division of HSBC yesterday apologized for lax controls that American lawmakers said allowed Mexican drug cartels to launder billions of dollars through the US operation and many other illicit transactions for years.
Irene Dorner, president and CEO of HSBC Bank USA, said in testimony prepared for a hearing by the Senate Permanent Subcommittee on Investigations that "we deeply regret and apologize" for the lapses by HSBC.
Dorner said the bank has made deep changes to its policies and corporate culture to prevent illicit use of the bank.
Irene Dorner, president and CEO of HSBC Bank USA, said in testimony prepared for a hearing by the Senate Permanent Subcommittee on Investigations that "we deeply regret and apologize" for the lapses by HSBC.
Dorner said the bank has made deep changes to its policies and corporate culture to prevent illicit use of the bank.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
