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Headline News April 25, 2015: Vancouver Lives the High Life, Sabeen Mahmud Assassinated, Gerhard Schindler and NSA Worked Together, Greek Bank to Launch Debt Forgiveness

Massive earthquake strikes Nepal, hundreds feared dead Vancouver, Canada Has 80 Marijuana Dispensaries in Sign of Changing Times Protesters Gather in Istanbul to Protest Turkey’s Non-recognition of Armenian Genocide Pakistani Female Rights Worker Sabeen Mahmud Assassinated Russia Unveils Armata Battle Tank German Spy Chief Gerhard Schindler Revealed As Collaborator with USA’s National Security Administration, Faces Calls […]

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HSBC Holdings Fears Fines Exceeding $1.5 Billion in United States Money Launder Scandal

HSBC Holdings, Europe’s largest bank, has expressed concerns that fines from its money laundering scandal in the United States could top $1.5 billion after a report from the US congressional Permanent Subcommittee on Investigations found that the bank had a culture of corruption and complicity in narcotics funds trafficking. [Reuters UK]

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HSBC Bank Implicated in Drug Money Laundering Scheme

Already under fire for previous allegations of money laundering for terrorist and drug trafficking organizations, a new scandal has emerged for beleaguered HSBC Bank, a firm founded long ago by British opium merchants during the British imperial era in Hong Kong. [Global Research]

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Global Banking and the Mexican Cartel Problem.

A major hindrance for governments grappling with international drug trafficking is the very banking system that is the lifeblood of the world economy. Banks around the world either knowingly or unknowingly profit from drug trafficking. This has become a particularly acute issue in the international effort to stop the powerful Mexican drug cartels from moving […]

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