HSBC loses senior anti-money laundering exec

St Louis

A SENIOR player in HSBC's push to improve the way it polices transactions for criminal activity left the British bank late last month, creating a possible gap in leadership as it seeks to satisfy compliance demands from US regulators and the US Department of Justice.

Daniel Wager, a former Homeland Security official with prior experience helping another multinational bank improve compliance controls, left his post as regional head of anti-money laundering investigations last month to join a consulting venture. Thus far, a replacement has not been named, a source famil…