USB enquiry widens to HSBC

(IHT): The U.S. Justice Department has expanded its criminal investigation into foreign banks that sell offshore private banking services to include Credit Suisse and HSBC, according to people briefed on the matter.The widening of the investigation is an outgrowth of an inquiry by U.S. prosecutors and regulators of UBS, the Swiss banking giant, and its sales of offshore banking services to wealthy Americans. Go to article