The Royal Bank of Scotland (RBS) disclosed Friday that it is under investigation by the UK’s Financial Conduct Authority for suspicions of money laundering “in relation to certain customers.”
Dutch lender ING has confirmed it is facing a criminal investigation into alleged money-laundering and corruption from Netherlands authorities, which could lead to significant fines.
HSBC could face trial for alleged tax fraud in France over the activities of its Swiss subsidiary.
The Israel Tax Authority has a list of 8,000 Israelis with accounts in HSBC Switzerland. Arrests are imminent.
The Israel Tax Authority announced that it received information about several thousands of Israelis who hold bank accounts at HSBC Switzerland.
HSBC will have to air its dirty-money laundry.