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  • PBS NewsHour

PBS NewsHour | British Bank HSBC Makes $2 Billion Settlement | PBS

Duration: 06:15
Program: PBS NewsHour #10516
Broadcast Date: Dec. 11, 2012

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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Post Date: December 11, 2012