UK banks hit by record $2.5bn US fines – Financial Times
NPR |
UK banks hit by record $ 2.5bn US fines
Financial Times HSBC and Standard Chartered, the two biggest UK banks by market value, have agreed to pay more than $ 2.5bn in fines as part of record settlements with US authorities over money laundering allegations. HSBC announced on Tuesday that it will pay … HSBC to Pay $ 1.92 Billion Fine to Settle Charges Over Laundering HSBC to pay $ 1.9bn in US money laundering settlement HSBC to pay $ 1.9bn to settle money-laundering probe |