HSBC to pay $1.9 bn to settle US claims | Bangkok Post: news

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HSBC to pay $1.9 bn to settle US claims

US authorities plan to announce a record $1.9 billion settlement with British bank HSBC to end allegations of money laundering, The Wall Street Journal reported on its website.

US authorities plan to announce a record $1.9 billion settlement with British bank HSBC to end allegations of money laundering, The Wall Street Journal reported on its website.

The deal could be announced as early as Tuesday in New York, officials told the Journal.

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