Swiss prosecutors investigate HSBC for money laundering over claims it helped hide millions for arms dealers and blood diamond traders
‘The Geneva offices of HSBC were raided by Swiss prosecutors yesterday in an investigation into alleged money laundering.
Public prosecutors said they were searching for evidence of ‘aggravated money laundering’ after ‘the recent published revelations ’ about HSBC’s Swiss private bank.
It is the latest damaging twist for the banking giant embroiled in a scandal over claims staff helped rich clients dodge tax.’
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