“HSBC sued over drug cartel murders after laundering probe”, 9 Feb 2016

Families of U.S. citizens murdered by drug gangs in Mexico sued HSBC Holdings Plc, claiming the bank can be held responsible for the deaths because it let cartels launder billions of dollars to operate their businesses. The lawsuit brings fresh scrutiny to the Mexican activities of HSBC, which in 2012 paid $1.9 billion to resolve a criminal investigation into whether it violated U.S. sanctions laws and laundered at least $881 million on behalf of drug cartels. HSBC said it would fight the claims in the lawsuit, filed Tuesday in federal court in Brownsville, Texas…