The U.S. Senate found HSBC allowed nearly $7 billion to flow into the U.S. in a two-year period. The bank failed to report 39 suspicious transactions and delayed in reporting 1,700 more.
Mexico's apparent president elect faces allegations of vote buying and money laundering by his opponents and ongoing street protests.
A U.S. Senate subcommittee released a report Tuesday blasting the major bank HSBC for allowing itself to be used for laundering money by Mexican drug cartels.
A Senate investigations committee will begin a probe into a major bank to determine whether it failed to protect against money laundering by Mexican drug cartels.
On Sunday, voters delivered a robust victory to Enrique Peña Nieto of the Institutional Revolutionary Party, or PRI.
In honor of Mexico's elections this weekend, most of the country will ban alcohol sales.
Politicians in both countries used to talk about immigration reform, wanting migrants to be able to travel more freely north to find work. Now, one border town mayor says, both countries find it convenient to ignore the issue.
San Fernando has come to exemplify the harsh consequences of Mexico's drug conflicts.
Trade between the United States and Mexico reached half a trillion dollars in 2011.
Mexican presidential frontrunner Enrique Peña Nieto campaigned in Tijuana this past weekend. Is he the new face of an old political party?