U.S. authorities are investigating HSBC (HBC) for "historical transactions involving Iranian"...

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

U.S. authorities are investigating HSBC (HBC) for "historical transactions involving Iranian" and other parties subject to U.S. sanctions, the bank said yesterday. The probe involving Iran is one of a number the bank is facing, and it expects criminal or civil charges to be filed.