Leaked List Shows HSBC’s Swiss Arm Helped Putin Allies, Drug Lords and Fugitives Hide

HSBC private banking is Geneva. (Suisse) is seen on June 14, 2013 in the center of Geneva.

The private-banking unit of HSBC Holdings Plc made significant profits for years handling secret accounts whose holders included drug cartels, arms dealers, tax evaders and fugitive diamond merchants, according to a report released Sunday by an international news organization.

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