1ST LEAD Swiss prosecutors search HSBC in money laundering probe By Albert Otti and Thomas Burmeister, dpa
Basel, Switzerland (dpa) – Swiss prosecutors searched HSBC‘s private bank in Geneva Wednesday after launching an investigation into aggravated money laundering against the financial institute. The Geneva prosecution office said it was reacting to last week‘s media reports, which alleged that the Swiss branch of the major British lender helped… – Continue reading