HSBC isn't the first large bank to face scrutiny over money laundering issues from U.S. regulators and law enforcement. Last month, Dutch bank ING agreed to pay a $619 million penalty for moving ...

HSBC conceded that its anti-money laundering measures were inadequate ... in a case involving a bank -- and $655 million in civil penalties. Under what is known as a deferred prosecution agreement ...

Settling charges it gave drug lords and terrorists access to the U.S. financial system, British banking giant HSBC (NYSE:HBC) agreed to pay a record $1.92 billion on Tuesday and accepted ...

The settlement, a combination of forfeitures and civil penalties ... filed in Brooklyn federal court, means HSBC avoids a criminal conviction on money laundering and other major charges ...

HSBC isn't the first large bank to face scrutiny over money laundering issues from U.S. regulators and law enforcement. Last month, Dutch bank ING agreed to pay a $619 million penalty for moving ...

"The lack of an effective anti-money laundering program at ... billion in its deal with the government, HSBC also agreed to pay $665 million in civil penalties, including $500 million to the ...

Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, and researcher who has assisted thousands of clients over a more than two-decade career. She is the CEO of ...

The size and scope of HSBC's record-setting $1.92 billion penalty to federal regulators for a slew of anti-money laundering problems surprised many in the financial industry, who warned it could set a ...

According to the official, HSBC will pay $1.25 billion in forfeiture and pay $655 million in civil penalties ... its internal controls to prevent money laundering. The Justice Department has ...

HSBC agreed to pay $1.9 billion, the largest penalty ever imposed on a bank ... bank's "blatant failure" to implement proper anti-money laundering controls permitted drug organizations in Mexico ...

HSBC conceded that its anti-money laundering measures were inadequate ... in a case involving a bank — and $655 million in civil penalties. Under what is known as a deferred prosecution ...