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Article posted: 12/10/2012 7:53 PM

Report: HSBC to pay $1.9 billion to settle probe

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HSBC, the British banking giant, will pay $1.9 billion to settle a money-laundering probe by federal and state authorities in the United States, a law enforcement official said Monday.

ASSOCIATED PRESS

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HSBC, the British banking giant, will pay $1.9 billion to settle a money-laundering probe by federal and state authorities in the United States, a law enforcement official said Monday.