[dorlomin]

http://www.bbc.co.uk/news/business-18867054

HSBC provided a conduit for "drug kingpins and rogue nations", according to a US Senate committee investigating money laundering claims at the bank.

Its report said suspicious funds from countries including Mexico, Iran and Syria had passed through the bank.

The president and chief executive of HSBC Bank USA, Irene Dorner, apologised to the committee for the behaviour which she said deeply regretted.

£15 billion.

Yet another huge scandal that will blow over. The only two major UK banks that did not require a government bailout have been exposed as crooks this month. Its a never ending tale of woe.

[dorlomin]

For those who dont know one of the original business activities of HSBC was funding of the UKs selling of opium to China, so its a back to the roots type vibe on this story.