Leaked documents reveal banking giants enabled money laundering
Some of the world’s biggest banks have been caught enabling trillions of dollars in money laundering to flourish under their watch, thousands of leaked government documents have revealed. The FinCEN Files, named after the US Treasury’s anti-fraud agency, have been shared by Buzzfeed News and the International Consortium of Investigative Journalists (ICIJ). They claim to show how global financial corruption has continued to grow for years, unchecked by government agencies and enabled by banks such as Citibank, HSBC, Barclays, JP Morgan and Standard Chartered among others.