Itau

Petrobas, HSBC, Citigroup, Santander, Itau, Banco Bradesco under investigation for money laundering in Brazil

By Dustin M Braden - Aug 12, 2014 10:12 PM EDT

A major corruption investigation involving the finances of Brazil's state-owned oil company Petrobas has engulfed a number of the country's largest financial institutions in addition to some major international banks.

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