Rupert Murdoch's WSJ reports: English company slapped with record fines

[Guns Guns Guns]

U.K.-based banking company HSBC PLC is expected to forfeit nearly $1.3 billion as part of a deferred prosecution agreement, the largest-ever U.S. forfeiture for a bank, according to people briefed on the agreement between HSBC and multiple U.S. agencies.


The deal includes a civil fine of more than $650 million...



http://online.wsj.com/article/SB10001424127887324478304578171650887467568.html