HSBC To Pay $1.9 Billion To Resolve Allegations Of Money Laundering

Mark Gongloff, Huffington Post This may be the world’s largest wrist slap. British banking giant HSBC, Europe’s biggest bank, is set to pay $1.9 billion to settle accusations that it didn’t do enough to stop money laundering in its branches, the Wall Street Journal reported on Monday. According to the WSJ, the U.S. government could announce the […]