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PBS NEWSHOUR

British Bank HSBC Makes $2 Billion Settlement

  • Aired: 12/11/2012
  • 06:14
  • Rating: E
British bank HSBC is expected to pay $2 billion in a settlement over charges of laundering money on behalf of sanctioned nations such as Iran, Sudan and Cuba, and criminal Mexican drug cartels. Judy Woodruff talks to Wall Street Journal's Devlin Barrett on whether this $2 billion settlement will prove a valuable lesson to HSBC.
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British Bank HSBC Makes $2 Billion Settlement on Money Laundering Charges
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