1 stories tagged #compliance alerts

  1. HSBC Private Bank Suisse Charged in $330M Lebanon Embezzlement Scandal
    finance

    HSBC Private Bank Suisse Charged in $330M Lebanon Embezzlement Scandal

    HSBC Private Bank Suisse charged with money laundering after ignoring 300 compliance alerts. The bank allegedly facilitated a $330 million embezzlement from Lebanon’s central bank orchestrated by former governor Riad Salameh and his brother.

    11h ago 1 min read