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Bank of France predicts zero growth for first half
The Bank of France has predicted zero growth in the French economy for the first six months of 2012. Official figures for gross domestic product (GDP) for the first three months of the year are due to be released on 15 May, which is also the day of the inauguration of the new President, Francois […]
Special Report: U.S. documents allege HSBC money-laundering lapses
In April 2003, the Federal Reserve Bank of New York and New York state bank regulators cracked the whip on HSBC Bank USA, ordering it to do a better job of policing itself for suspicious money flows. Staff in the bank’s anti-money laundering division, according to a person who worked there at the time, flew […]
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