Ap Source: Hsbc To Pay $1.9b To Settle Probe

PETE YOST, Associated Press, San Diego Union-Tribune Nation
Mon, 12/10/2012 - 3:27pm

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.

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Topics: banks billion financial industry financial institution hsbc lawsuit settlement money laundering probe

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