A number of money laundering problems identified by the OCC in 2010 related to inadequate monitoring for suspicious acti...
accountability for previous failures and conduct that has already taken place is essential as a deterrent
We hope this visibility will actually help reform efforts at the bank.
That is really a step forward.
Now, sharing information across international lines is not just an ancient problem at HSBC, it is still a current proble...
Well, when you say what you are legally permitted to do, were you legally permitted by the Caymans, by their law, to pro...
Presumably, it will be caught by the same mechanism being applied in every one of your banks, wherever they are located.
You made reference to your service with the U.S. Government. If I remember, you were the Under Secretary of the Treasury...
This is pretty feeble enforcement.
I mean, a lot of things are unacceptable. But on degrees of unacceptability, is this not kind of shocking?
Well, but my point is that looking back now at what you knew then, it should not have been lifted.
So as Exhibit 55 says so simply and eloquently and dramatically, your own people 'were being asked to `fudge' the nature...
I was really angry to find there had been an audit report on these in the previous year, but that it had been closed off...
I just do not understand it.
should the U.S. Government get the beneficial ownership information for U.S. corporations?
Now, in your time as Acting Director of the Loan Programs Office, have you received any political pressure from the Whit...
I am sorry Solyndra happened. We lost $500 million.
opening statement
