[ozdragon]

Suggestion: Since it is very difficult to obtain a criminal conviction the DOJ, SEC or FDIC should bar the senior executive of an institution that is found guilty of money laundering from the financial services business for life.

[Tainan]

Good suggestion, however all of these banks are multi-national. They will just shuffle the convicted to another country and its just "bidness as usual."

Both HSBC and Standard Charter have a very strong presence in the Pac Rim. They are part of the "banks of choice" for moving ill-gotten gains inter-country in the Far East.