With Fed Approval, JPMorgan Moves Beyond the Whale, HSBC Faces New I...

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HSBC Faces New Inquiry: British tax authorities say they are looking into a list of HSBC clients with bank accounts in Jersey, the largest island in the English Channel, after receiving a tip from a whistle-blower. The data allegedly shows that "drug dealers, gun runners and bankers facing major fraud investigations had accounts with the bank in Jersey," the FT reports. HSBC told the Times it was aware (and subsequently looking into)...