Excerpt from Term Paper:

......Mission and Value Statement
HSBC Bank USA is clear in its responsibilities as a financial institution. HSBC must meet the expectations of its customers, shareholders, and colleagues without neglecting the greater social responsibility inherent in the area of banking. In other words, HSBC must be a successful business while also protecting itself and others against the criminal element.[1] This is no easy task, because it requires HSBC to both defend its own institutions against financial attack, while simultaneously waging an offensive against criminal and terrorist threats to limit their financial integrity
HSBC Bank USA, as part of HSBC International and The Wolfsberg Group, commits itself to the assistance of governments in fighting terrorism and money laundering.[2] Cooperation in matters of prevention, detection, and information sharing is key. By working together with financial institutions, HSBC Bank USA will forge new relationships that strengthen business opportunities. At the same time, these relationships will protect communities and other stakeholders by monitoring finances that could be used for illicit aims......

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