Posted: December 11, 2012
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.
Please follow our community discussion rules when composing your comments.