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HSBC bank to pay US government a $1.3 billion fine for vast drug and other money-laundering “lapses”

by Devlin Barrett and Evan Perez

WASHINGTON—HSBC Holdings PLC on Tuesday acknowledged that for years it ignored possible money laundering as part of a record $1.9 billion settlement with U.S. authorities that caps the bank’s disastrous foray into the U.S. market

  • World Hunger Education
    Service
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  • About WHES & Hunger Notes
    For the past 50 years, since its founding in 1976, the mission of World Hunger Education Service is to undertake programs, including Hunger Notes, that
    • Educate the general public and target groups about the extent and causes of hunger and malnutrition in the United States and the world
    • Advance comprehension which integrates ethical, religious, social, economic, political, and scientific perspectives on the world food problem
    • Facilitate communication and networking among those who are working for solutions
    • Promote individual and collective commitments to sustainable hunger solutions.