The HSBC Money-Laundering Scandal Case Facts HSBC is one of the largest financial institutions in the world‚ with assets over $2.5 trillion‚ 89 million customers‚ 220‚000 shareholders‚ operations/affiliates in 85 countries‚ and 2011 profits of nearly $22 billion (HSBC‚ 2011a). Drawing upon evidence revealed following a year-long investigation into HSBC (Levin et al.‚ 2012)‚ seven areas of case fact illustrating key anti-money laundering (AML) and terrorist financing problems can be seen including:
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The Case of The Grameen Bank in Bangladesh. 1. Introduction Bangladesh is one of the poorest countries in the world. As many as 86% of people who live in rural areas in Bangladesh live under the poverty line (Rahman‚ 1996). Quality of health care services is very poor in Bangladesh. The percentage of available health service is 20 %. The percentage of access to safe water is 43 %. Infant mortality rate is 120 out of 1000 (ibid.). Also‚ there is lack of education in Bangladesh. The proportion
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Case 6-1 Tempo Ltd. In this case Fatih Terim is trying to decide whether or not to enter a barter trade with North Koreans in which he would send Turkish chemicals in exchange for kereste (Lumber). Because of trade sanctions between Turkey and North Korea this transaction would not be legitimate because there would be some bribing and other extracurricular activities to complete the deal. Terim tried to justify going through with the deal because he concluded that if he did not make the deal then
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opportunities and threats of HSBC‚ "The World’s Local Bank." Strengths-- *International Finance. Since HSBC is a multinational company itself‚ it is well-qualified to advise other companies on aspects of international business. With offices around the world‚ for the cosmopolitan client‚ HSBC often cannot be beaten in this area. HSBC knows how to succeed in M&A and organic and effective growth-- it was mostly an Asian bank until it took over a UK bank in 1992 and now has become the
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RECRUITMENT PROCESS The selection of external recruits consists of the following steps: 1. CV Submission Potential candidates interested in joining the bank are required to send their complete curriculum vitae. An acknowledgement of receipt is sent for all submitted applications to the candidate’s email. 2. Application Evaluation The Human Resources department evaluates all incoming applications‚ against prerequisite abilities and skills set for all current openings. All applications are
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Origin of the Study This report is the presentation of one-day industrial tour program as a part of academic requirement of the B.B.A. program‚ Department of Management studies‚ University of Chittagong. The part of this report is organization part‚ which is an overall focus on “KYCR Coil Industries Ltd”. Objectives of the Study The main purpose of the industrial tour is to gather knowledge about the internal and external environment of an industry and find out the consistency and inconsistency
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Administration Curriculum‚ Mohammad Maruf Islam‚ author of this report was placed in Export Import Bank of Bangladesh Limited‚ Shimrail Branch‚ Shiddirgonj‚ Narayangonj by the Human Resources Division of EXIM Bank Ltd. as part of the internship program requirement. This report is prepared for the internship program consisting of a major in depth study of the “General Banking Activities of EXIM Bank Limited”. The internship program exercises a significant importance as it enables a student to familiar
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the report‚ Methodology of the |3 | |study | | |Limitation of the study Sources and uses of fund‚Bankground of IFIC |4‚5 | |Bank |
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as a legally binding agreement or‚ in the words of Sir Frederick Pollock: ‘A promise or set of promises which the law will enforce’. However‚ not all promises or agreements give rise to contracts. According to the case study‚ Andrew‚ who works as a salesman at Wholesome Vegetables Ltd‚ offering to sell Ben 100 bags of potatoes at £10 per bag. At first Ben accepted Andrew’s offer but when he heard the news about a slump in the price of potatoes which has fallen to £7 per bag‚ he refuses to accept
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must be in continuous ordinance‚ along with implementing regulations that has been stated by federal state and administrative agencies‚ such as National Labor Relations Board and the Equal Employment Opportunity Commission. The Federal Employees Compensation Act better known as FECA‚ also the OSH better known as Occupational Safety and Health Act to which is administered by the OSHA‚ which is Occupational Safety and Health. These administrations are listed for employees who encounter any issues regarding
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