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By Mangosuthu Buthelezi
Memories of a long brotherhood tempered in common struggle
Independent voices from the The Washington Times Communities
Topic - Hsbc Holdings
Days before news broke this week that HSBC Holdings agreed to pay nearly $2 billion in fines to settle a federal money-laundering probe, a veteran Democratic senator disclosed selling off at least a quarter-million dollars worth of the company's stock, records show.
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.