Menu
Menu
The Permanent Subcommittee on Investigations held a hearing, “U.S. Vulnerabilities to Money Laundering, Drugs, and Terrorist Financing: HSBC Case History,” on Tuesday, July 17, 2012, at 9:30 a.m., in Room 106 of the Dirksen Senate Office Building.
The Subcommittee hearing examined the issue of money laundering and terrorist financing vulnerabilities created when a global bank uses its U.S. affiliate to provide U.S. dollars, U.S. dollar services, and access to the U.S. financial system to high risk affiliates, high risk correspondent banks, and high risk clients, using HSBC as a case study.
Assistant Director, Investigative Programs
U.S. Immigration & Customs Enforcement, U.S. Department of Homeland Security
Under Secretary for Terrorism and Financial Intelligence
U.S. Department of the Treasury
Chief Executive, Retail Banking and Wealth Management
HSBC Holdings plc
Former Executive Vice President, Head of PCM North America
HSBC Bank USA, N.A.
President and Chief Executive Officer
HSBC Bank USA, N.A. and HSBC North America Holdings, Inc.
Comptroller of the Currency
U. S. Department of the Treasury
Former Deputy Comptroller for Large Bank Supervision
Office of the Comptroller of the Currency
Deputy Chief Counsel
Office of the Comptroller of the Currency