HSBC accused of money laundering in Argentina

HSBC has been hit with allegations of money laundering in Argentina following a fine for similar claims in the US last year, according to a number of reports published Tuesday.

HSBC has been hit with allegations of money laundering in Argentina following a fine for similar claims in the US last year, according to a number of reports published Tuesday.

Argentina's tax agency Afip has accused the banking giant of assisting companies in laundering 392m pesos and evading 224 pesos in taxes.

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