Bloomberg News

HSBC to Be `Savagely Mauled' in Laundering Probe

July 17, 2012

July 17 (Bloomberg) -- Chris Skinner, chief executive officer of Balatro Ltd., talks about the U.S. Senate investigation of HSBC Holdings Plc, which found the bank did business with firms linked to terrorism and failed to guard against money-laundering violations in Mexico. Skinner also discusses the Libor rate-setting scandal with Owen Thomas on Bloomberg Television's "First Look." (Source: Bloomberg)

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