COMPANY

Europe's largest banking concern, founded in 1865 by Thomas Sutherland as the Hongkong and Shanghai Banking Corporation Limited. The only larger banking group is Citigroup.

HSBC was long aware of problems with money laundering under their institutional rubric and did nothing to report it. On 11 December 2012 the company agreed to admit violations of the Bank Secrecy Act and the Trading with the Enemy Act, and pay $1.9B fine and forfeiture. According to one Mexican drug lord, HSBC was "the place to launder money."

Official Website:
http://www.hsbc.com/

Industry:
Banking

Ticker:
NYSE:HBC (ADR)

Corporate headquarters:
London, England

Sales:
$70B (2004)

Employees:
253,000 (2004)

EXECUTIVES

Name	Occupation	Birth	Death	Known for
William F. Aldinger	Business	1947		CEO of Household International, 1994-2003
John R. H. Bond	Business	c. 1942		Chairman, HSBC Holdings, 1998-2004
Douglas J. Flint	Business	c. 1956		Group Finance Director, HSBC

CURRENT BOARD MEMBERS OR DIRECTORS

Name	Occupation	Birth	Death	Known for
Rona Fairhead	Business	c. 1962		CEO of Financial Times Group
J. Dudley Fishburn	Business	8-Jun-1946		British MP, Kensington, 1988-97
Mark Moody-Stuart	Business	15-Sep-1940		Chairman of Anglo American

EMPLOYMENT

Name	Occupation	Birth	Death	Known for
Janet Cowell	Politician	19-Jul-1968		State Treasurer of North Carolina
Gabriel Jaramillo	Business	c. 1949		Grupo Santander

EXTRANEOUS

Name	Occupation	Birth	Death	Known for
Brendan O'Neill	Business	c. 1948		CEO of Imperial Chemical Industries, 1999-2003
S. Jay Stewart	Business	1938		CEO of Morton International, 1994-99

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