HSBC is expected to pay US authorities a record $1.9bn (£1.18bn) to settle allegations that its failure to enforce anti-money laundering rules left America's financial system exposed to drug cartels.
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Scooped by L. Charles Burch onto MN News Hound |
HSBC is expected to pay US authorities a record $1.9bn (£1.18bn) to settle allegations that its failure to enforce anti-money laundering rules left America's financial system exposed to drug cartels.
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