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US defends $1.9B deal with British banking giant

December 12, 2012
By CHRISTINA REXRODE , THE ASSOCIATED PRESS

NEW YORK - American authorities on Tuesday cited "astonishing" dysfunction at the British bank HSBC and said that it had helped Mexican drug traffickers, Iran, Libya and others under U.S. suspicion or sanction to move money around the world.

 
 
 

 

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