(AP) MEXICO CITY - Mexican regulators have levied a $28 million fine against the Mexico subsidiary of London-based HSBC bank for failing to prevent money laundering through accounts at the bank.

HSBC Holdings PLC HSBC is considering retrenching its retail operations outside the U.K. and Hong Kong, particularly in Mexico, to mitigate costs further and focus on wealthier “premier” clients. This ...

In late August, I stood in the center of Mexico City, surrounded by glimmering office towers, looking up at the dark outline of the HSBC Mexico building. On the front of the building I could see a ...

MEXICO CITY, Feb 23 (Reuters) - Executives for London-based HSBC, which controls one of the largest banking operations in Mexico, have told investors the chain is not interested in buying out ...

A Mexican army convoy takes control of a highway leading to the US Mexican regulators have imposed a fine of 27.5 million dollars on banking giant HSBC for its failure to comply with money-laundering ...

China's exports likely picked up pace in March, as factories rushed out shipments ahead of U.S. President Donald Trump's sweeping tariffs this month, though the broadening trade war with the United ...

The US Justice Department on Tuesday announced a settlement with the British-based HSBC bank regarding charges of money laundering Mexican drug funds that allows the bank to admit to wrongdoing and ...

WASHINGTON British bank HSBC (HBC) violated the Bank Secrecy Act in connection with the laundering of money from narcotics drug traffickers in Mexico and intentionally allowed prohibited transactions ...

MEXICO CITY, Jan 25 (Reuters) - HSBC's Mexican unit joined an alliance of five other banks to make their ATMs available to all their shared customers in Mexico for cash withdrawals and balance ...

Mexico's banking regulator on Tuesday defended its role in a money laundering scandal engulfing HSBC Holdings Plc, saying it had repeatedly told the bank to improve lax controls over suspect funds ...

While there is doubt over the future ownership of Citi’s Mexican retail operation, HSBC continues to invest in its ambitious expansion plans for the country. Pablo Elek, head of wealth and personal ...

HSBC Mexico said it recognised it had "failed to strictly comply with banking regulations" Mexican regulators have imposed a fine of $27.5m (£17.7m) on banking giant HSBC for its failure to comply ...