Terrorism, Saudi Arabia | featured news

US prosecutors are looking into whether British bank HSBC was involved in laundering money for Mexican drug cartels and moving cash for Saudi Arabian banks with ties to terrorists, The New York Times reported Saturday.

A Saudi bombmaker believed to be working with al Qaeda's Yemen-based wing is a key suspect in the parcel bomb plot against the United States, a U.S. official said on Saturday.

Yemen has arrested a man described as al Qaeda's top financier in Yemen and Saudi Arabia, a security source told Reuters on Sunday, and seven Germans, a Briton and a South Korean have been kidnapped in north Yemen.

Three detainees from Guantanamo Bay were transferred to Saudi Arabia "under appropriate security measures," the U.S. Justice Department said on Friday, in another step toward President Barack Obama's goal of closing the prison for terrorism suspects.