Sorry guys this was out late last night and I didn’t comment, but you should read the article linked, this is a big deal, money laundering is massive and when you have this amount of capital, well, that’s a problem!
(SCMP Reports) HSBC, JPMorgan, StanChart and others processed trillions of dollars of transactions despite concerns over potential crimes, reports say
Top banks processed trillions of dollars of transactions identified as suspicious, according to International Consortium for Investigative Journalists review
Disclosure raises questions about effectiveness of government efforts to stamp out money laundering
HSBC, JPM others Involved in Massive Illicit Activity, is this why stocks tanked today???
Sorry guys this was out late last night and I didn’t comment, but you should read the article linked, this is a big deal, money laundering is massive and when you have this amount of capital, well, that’s a problem!
(SCMP Reports) HSBC, JPMorgan, StanChart and others processed trillions of dollars of transactions despite concerns over potential crimes, reports say
Top banks processed trillions of dollars of transactions identified as suspicious, according to International Consortium for Investigative Journalists review
Disclosure raises questions about effectiveness of government efforts to stamp out money laundering
Read more here, Big Banks involved in Illicit Transfers
Word on the street is this is just the Tip of the Iceberg…