It hs a lot to do with Mexican drug money laundering in this case, considering it is part of the same indictment, and HSBC is only a UK company in a very loose

It hs a lot to do with Mexican drug money laundering in this case, considering it is part of the same indictment, and HSBC is only a UK company in a very loose sense, much of it is in the US and it considers Hong-Kong to be as much of it's base as London, as well it might, given it is a London holding company established by the Hongkong and Shanghai Banking Corporation, hence the initials.