U.S. Treasury Department: HSBC to pay $875 mln settlement to Treasury over money laundering violations
( December 11, 2012, 17:16 GMT | Official Statement) -- MLex Summary: The U.S. Treasury and HSBC reached a record $875 million settlement over the bank's compliance with anti-money laundering laws. The settlement was part of a broader $1.9 billion penalty by U.S. authorites.Statement follows in full:...
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