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HSBC Officials Knowingly Dealt With Iranian Banks

Posted: December 11, 2012

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British bank HSBC has agreed to pay a record fine of $1.9 billion to settle an investigation by U.S. prosecutors. HSBC faced charges of laundering money for Mexican drug cartels and facilitating prohibited transactions with nations like Iran and Cuba. For more, Robert Siegel talks with Jimmy Gurule, law professor at the University of Notre Dame.

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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