Swiss launch HSBC probe

Authorities searched the offices of HSBC Holdings Plc’s Swiss private bank in Geneva yesterday as part of a money laundering probe. 

Prosecutor Yves Bertossa left about 10.45am after over an hour in the bank’s office on Quai des Bergues, the main office for HSBC’s global private banking division.

He declined to comment beyond confirming the search and drove off with a half dozen other officials.