Breaking News Bar
updated: 12/11/2012 12:02 PM

HSBC to pay $1.92B to settle money-laundering probes

hello
Success - Article sent! close
  • HSBC Holdings Plc, Europe's largest bank, agreed to pay $1.92 billion to settle U.S. probes of money laundering in the largest such accord ever.

      HSBC Holdings Plc, Europe's largest bank, agreed to pay $1.92 billion to settle U.S. probes of money laundering in the largest such accord ever.
    Associated Press

 
Bloomberg News

Hsbc holdings plc, europe's largest bank, agreed to pay $1.92 billion to settle u.s. probes of money laundering in the largest such accord ever.the settlement includes a deferred prosecution agreement with the u.s. department of justice, the london-based bank said in an e-mailed statement today. hsbc also said it expects to complete an undertaking with the u.k. financial services authority soon, without giving details.

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.