HSBC (HBC) confirms a report that a U.S. Senate panel is investigating the bank in connection...

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

HSBC (HBC) confirms a report that a U.S. Senate panel is investigating the bank in connection with money laundering, with the probe being the latest in a series of official inquiries. However, it's not clear whether the current investigation is related to past issues with the bank which are already known about.