Lord Green facing new pressure Lord Green - the Trade Minister - is under growing pressure to make a public statement on the bank's involvement in the laundering of billions of dollars of cash from Mexican drug cartels, carried out while he was chairman of the bank between 2006 and 2010. "Lord Green should make a statement in the House of Lords and be called in front of the Treasury Select Committee," Lord Myners said. There were extensive and systemic failures of compliance at HSBC. These failures were clearly reported to the top of the bank where Lord Green was located. If he intends on remaining credible, he needs to clear his reputation. Chris Leslie, the shadow Treasury minister, has written to Lord Green demanding answers about HSBC's money laundering problems, which could leave the bank facing a $1bn (£640m) fine. As a senior Government minister with an ongoing role in banking policy, I would be grateful if you could place on the record an assurance that you took every appropriate step if and when you became aware of the issues raised by this report. Mr Leslie said. As well as his role at the bank during the laundering debacle, Lord Green is also under pressure to discuss whether HSBC had any role in the Libor rate fixing scandal. He was also chairman of the British Bankers" Association, which oversees Libor, until 2010.