The dollar slumps the most since October 2011 after the Federal Reserve reduced projections for interest- rate increases and expressed concern the dollar's surge is weighing on exports and inflation

Swiss police are searching offices of the Geneva subsidiary of HSBC bank in an inquiry into alleged money-laundering

WITH a former HSBC banker blowing the top off the bank's scandal and the French authorities launching a full blown investigation in 2008, evidence has emerged that nationals of Bangladeshi origin are among those suspected of money laundering between the years 1985 and 2006.