WBUR News

HSBC Officials Knowingly Dealt With Iranian Banks05:01

Play

British bank HSBC has agreed to pay a record fine of $1.9 billion to settle an investigation by U.S. prosecutors. HSBC faced charges of laundering money for Mexican drug cartels and facilitating prohibited transactions with nations like Iran and Cuba. For more, Robert Siegel talks with Jimmy Gurule, law professor at the University of Notre Dame.

+Join the discussion
Share

Support the news

Next Up

Where to now?

More NPR or Explore Audio.