‘Bonuses restricted’ after HSBC is ordered to pay $1.9bn to settle money-laundering probe

HSBC bosses will have bonuses restricted under the terms of a record €1.9 billion (£1.2 billion) settlement with US regulators after the bank allowed rogue states and drug cartels to launder billions of pounds through its US arm. Senior executives are to reportedly defer a portion of any bonuses …

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‘Bonuses restricted’ after HSBC is ordered to pay $1.9bn to settle money-laundering probe

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