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Senate majority leader practices politics of personal destruction
Topic - David W. Bagley
The chief compliance officer of Britain's HSBC says he is stepping down from that position after an investigation found that lax controls at the international bank allowed Mexican drug cartels to launder billions of dollars through its U.S. operation and other illicit transactions.
He said he had told HSBC senior management "that now is the appropriate time — for me and for the bank — for someone new to serve as the head of group compliance."