Excellent! May the truth begin!
HSBC is hosed…
HSBC has lost its latest bid to keep some portions ofa potentially explosive report about its anti-money-laundering efforts from being made public.
A Brooklyn federal judge nixed many of the UK bank giant’s requests to black out parts of the 250-page report produced by an outside monitor in the wake of HSBC’s $1.9 billion settlement with the Department of Justice.
Judge John Gleeson — who has already rejected requests from the Justice Department and HSBC to keep the January 2015 report sealed — said many of HSBC’s proposed redactions were “over-inclusive.”