FinCEN Director to Depart in May for Role at HSBC

By Valentina Pasquali and Colby Adams

UPDATE APPENDED: The director of the U.S. financial intelligence unit is stepping down to join HSBC Holdings Plc, ending a tenure that saw the agency intensify its cooperation with law enforcement officials and its oversight of non-bank firms. In a statement Tuesday, Jennifer Shasky Calvery said she would leave the directorship of the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) in May, nearly four years after joining the bureau in September 2012 from her role as chief of the Justice Department's Asset Forfeiture and Money Laundering Section. Shasky Calvery will take on a senior role in financial crime compliance...