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View Full Version : HSBC's US Bank Regulator Was 'Lapdog,' Senator Coburn Says - Bloomberg



NewsWhore
07-17-2012, 03:20 PM
HSBC's US Bank Regulator Was 'Lapdog,' Senator Coburn Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNE2U6RmkCeKCJl9vbri71c8B_tUGg&url=http://www.bloomberg.com/news/2012-07-17/hsbc-s-u-s-bank-regulator-was-lapdog-senator-coburn-says.html)
Bloomberg
The Office of the Comptroller of the Currency knew of weaknesses in the bank's anti-money laundering program, yet was “often at a loss, however, to prescribe how HSBC could eliminate” problems, Senator Tom Coburn said at a hearing of the Permanent ...

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