Re:Sell-off in US bank stocks due to concerns over solvency ...
by xmcqdpt2 on Saturday March 11, 2023 @08:20AM
(#35108057)
In the case of HSBC,
> So rampant was the practice, prosecutors said, that on some days drug traffickers deposited hundreds of thousands of dollars at HSBC Mexico accounts. To speed things along, the criminals even designed “specially shaped boxes” that fit the size of teller windows at HSBC branches, according to the documents.
> So rampant was the practice, prosecutors said, that on some days drug traffickers deposited hundreds of thousands of dollars at HSBC Mexico accounts. To speed things along, the criminals even designed “specially shaped boxes” that fit the size of teller windows at HSBC branches, according to the documents.
https://www.reuters.com/article/us-hsbc-probe-idUSBRE8BA05M2...
Now that's financial innovation!