Description: The public prosecutor’s office in Geneva has opened a criminal inquiry into allegations of money laundering at HSBC.

Source: CNNMoney.com – video report

Date: Feb 17, 2015

Link: http://money.cnn.com/video/news/2015/02/18/hsbc-bank-raid.cnnmoney/

Questions for Discussions:

• What are the concerns for investors if the investigations show illegal activities have been going on at the bank?
• How is this a management problem?