Why no prosecution for HSBC money laundering?

Why no prosecution for HSBC money laundering?

December 11, 2012 3:32 PM

HSBC, one of the biggest names in banking has admitted to handling the dirtiest money in the world. The British bank's clients include drug cartels and countries that sponsor terrorism. John Miller reports on why the bank will pay a record $1.9 billion fine, but won't be prosecuted.

"Drug cartels' bank," HSBC, to see no arrests
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