HSBC determined its retail banking operations in NA were not worth it any longer due to the liability they faced after their high-profile money laundering scand

HSBC determined its retail banking operations in NA were not worth it any longer due to the liability they faced after their high-profile money laundering scandal [0]. [0] https://www.investopedia.com/stock-analysis/2013/investing-news-for-jan-29-hsbcs-money-laundering-scandal-hbc-scbff-ing-cs-rbs0129.aspx#toc-hsbcs-presence-in-the-us-today https://www.investopedia.com/stock-analysis/2013/investing-n...