Feds, Banks Reportedly Reach $2.2 Billion Agreement Over Money Laundering

The U.S. Justice Department's stepped up anti-money laundering enforcement against big banks has picked up even more steam this week, and reportedly will be capped by a $1.9 billion settlement feds have reached with HSBC on money laundering charges over dealings with Iran and Mexican drug cartels.

This article requires premium access

This article requires premium access to The National Law Journal. Please sign in or subscribe to read the full text.