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Daily Digit: HSBC Faces Record Fine

1.8 billion dollars is today's daily digit. That's the size of a fine HSBC might pay U.S. law-enforcement agencies for breaching money laundering rules, according to sources. The settlement with Europe's biggest bank has been in the works for months. A U.S senate report released back in July said HSBC allowed clients to move funds from countries like Mexico, Iran and Syria. HSBC says it could also face criminal charges.
 
 
 

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