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Weekly Roundup: Arab Bank Trial Begins, Argentine Officials Raid HSBC Office, and More
printThe trial of Jordan-based Arab Bank began this week as American attorneys representing terror victims argued that the financial institutions helped funnel tens of millions of dollars to the families of suicide bombers, according to an Associated Press story. The plaintiffs displayed a record of an electronic transfer involving Hamas founder Sheikh Ahmed Yassin. The case is the first of its kind to make it to trial. More Argentina's tax enforcer raided the offices of HSBC in Buenos Aires as part of a money laundering and tax evasion investigation, the Buenos Aires Herald reported. Investigators are looking into HSBC products...
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