Duration:
5 minutes and 29 seconds
Producer:
Carroll Foundation Maryland Trust
Director:
Carroll Trust
Views:
28
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embedded)
Some believe that if the bank is found to have laundered dirty money HSBC could pay a record $500 million fine as the Justice Department may look to make an example of the bank. The source who has direct knowledge of the probe which was disclosed last year said it is moving slowly in part because of the need for close examination for potential individual prosecutions.