HSBC Earmarks $1.5B For Money Laundering Fallout

By Max Stendahl (November 5, 2012, 12:47 PM EST) -- HSBC Holdings PLC has reserved $1.5 billion to cover possible fines from an ongoing money laundering investigation, the British banking giant said Monday, adding that it would likely face civil and criminal charges in the U.S. as the scandal unfolds....

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