HSBC will pay $1.9 billion for money laundering

Stuart Gulliver, Group Chief Executive of HSBC, released a statement Tuesday
saying: "We accept responsibility for our past mistakes."(Photo: Vincent Yu,
AP)Story HighlightsProbe focused on the transfer of money on behalf of nations
like Iran8:05AM EST December 11. 2012 - WASHINGTON — British banking giant
HSBC said Tuesday that it will pay [...]
Source:
http://www.ezonearticle.com/2012/12/11/hsbc-will-pay-1-9-billion-for-money-laundering/