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HSBC should have done more to vet the anti-money laundering compliance controls of banks it acquired in Mexico and Switzerland, the institution's former chief executive officer told British lawmakers Tuesday. Speaking before the House of Lords' Economic Affairs Committee, Stephen Green acknowledged that, "with hindsight, we should have worked harder on implementation" of due diligence controls at the financial institution's Mexican affiliate, which committed compliance violations that led to a $1.9 billion settlement with U.S. officials in 2012. The bank made similar missteps when acquiring a Swiss financial institution that has since been accused of aiding thousands of wealthy tax...