Monday, November 5, 2012

HSBC fears criminal charges for rule breaches

A U.S. fine for anti-money laundering rule breaches could cost HSBC significantly more than $1.5 billion and is likely to lead to criminal charges, Europe's biggest bank said on Monday.

http://www.reuters.com/article/2012/11/05/us-hsbc-earnings-idUSBRE8A400920121105