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VIDEO:News

HSBC Fails to Stop Drug Money Laundering in Mexico

Description:HSBC's head of compliance quits after the bank's Mexico branch, which moved billions of dollars of bulk cash through HSBC's U.S. bank despite suspicions that client accounts were being used for laundering of drug cartel funds. WSJ's David Enrich explains. (3:57)

Source: WSJLive

Tags: HSBC Fails to Stop Drug Money Laundering in Mexico , bank investigation , drug cartel , hsbc money laundering

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