HSBC's Swiss private bank violated anti-money laundering laws, says watchdog
![HSBC's Swiss private bank violated anti-money laundering laws, says watchdog](https://i2-prod.mirror.co.uk/money/article33056841.ece/ALTERNATES/s615/1_hsbc-breached-money-laundering-rules-in-switzerland-watchdog-says-matt-crossickpa.jpg)
The Swiss Financial Market Supervisory Authority said the global bank 'seriously violated' money laundering rules over its relationship with two politically exposed customers