Dec 11, 2012
HSBC settlement: British bank to pay nearly $2 billion fine to US authorities over money-laundering case
By Angel Cuala in Banking, Business, Europe, United States • No commentsHSBC, a leading British multinational banking and financial services company, announced its agreement with United States authorities to pay them almost $2 billion, as settlement payment in relation to investigations concerning its inadequate compliance with anti-money laundering and sanctions laws. HSBC Group Chief Executive Stuart Gulliver Image Credit: Jerome Favre/Bloomberg According to the press release [...]


