Bloomberg News

Levin Criticizes HSBC, OCC on Money Laundering

July 17, 2012

July 17 (Bloomberg) -- U.S. Senator Carl Levin, a Michigan Democrat who chairs the Senate Permanent Subcommittee on Investigations, says HSBC Holdings Plc was involved in money-laundering violations in Mexico and criticized the Office of the Comptroller of the Currency for failing to treat repeated deficiencies. Mark Barton reports on Bloomberg Television's "First Look." (Source: Bloomberg)

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