HSBC needs to come clean on money laundering | Nils Pratley

http - November 9th, 2012

Some individuals have left – but HSBC won't say how many; bonuses have been clawed back – but it won't provide details There goes another $800m (£500m). HSBC's latest provision to settle money-laundering allegations takes the total to $1.5bn but there is still no end in sight. Chief executive Stuart Gulliver has warned that the eventual fines could be "higher, perhaps significantly higher." A

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