zlacker

>>eswat+(OP)
HSBC funneled $1B (that we know about) for cartels, it came out as 100% knowingly committed, and no one went to jail. Basically the government asked for their cut. Why wouldn't do they this again and again? They are above the law, they are the law.

>>user39+Mc
It's HSBC being HSBC, I can't say that I'm surprised. Drug cartels and money laundering are at the core of their brand value.

>>realus+cd
Ignorant American here. Isn’t Hong Kong supposed to be the HQ/money exit point for Chinese organized crime? And HSBC is the main bank there, but headquartered in the UK?

If I had to guess they are heavily involved with spooks and foreign assets operating in China (and if so, why not use them for non-Chinese intelligence-financial shenanigans?) and a lot of their “illegal” activity is unofficially blessed by foreign intelligence.

>>opport+Ve
From their past history I'd say they are in global organized crime, regardless of the country.