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HSBC & the Largest Money Laundering Fine Ever

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Published on Dec 26, 2012

The US government recently hit Europe's largest bank with the biggest anti-money laundering fine in history: a cool 1.9 billion dollars, along with deferred prosecution, partially docked bonuses and a monitoring overhaul. It's inarguably a lot of money -- so why are so many people claiming HSBC skirted justice? What exactly did the company do?

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