HSBC (HBC) did business with firms linked to terrorism, failed to guard against money-laundering...

|About: HSBC Holdings PLC (HSBC)|By:, SA News Editor

HSBC (HBC) did business with firms linked to terrorism, failed to guard against money-laundering violations in Mexico and bypassed U.S. sanctions against Iran, according to a 335-page report released by Senate investigators yesterday. HSBC execs will have a chance to defend the bank at a hearing later today.