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HSBC became bank to drug cartels, pays big for lapses

Photographer
MIKE SEGAR

People walk past a HSBC bank branch in midtown Manhattan in New York City, December 11, 2012. REUTERS/Mike Segar

People walk past a HSBC bank branch in midtown Manhattan in New York City, December 11, 2012. REUTERS/Mike Segar
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Photographer
EDGARD GARRIDO

The Angel of Independence is seen near a building of HSBC in Mexico City, December 11, 2012.REUTERS/Edgard Garrido

The Angel of Independence is seen near a building of HSBC in Mexico City, December 11, 2012.REUTERS/Edgard Garrido
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Photographer
JOSHUA LOTT

Assistant United States Attorney General of the Justice Department's Criminal Division Lanny A. Breuer speaks about HSBC during a news conference at the Conrad B. Duberstein U.S. Bankruptcy Courthouse in NewYork December 11, 2012. Reuters/Joshua Lott

Assistant United States Attorney General of the Justice Department's Criminal Division Lanny A. Breuer speaks about HSBC during a news conference at the Conrad B. Duberstein U.S. Bankruptcy Courthouse in NewYork December 11, 2012. Reuters/Joshua Lott
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Photographer
JOSHUA LOTT

Assistant United States Attorney General of the Justice Department's Criminal Division Lanny A. Breuer speaks about HSBC during a news conference at the Conrad B. Duberstein U.S. Bankruptcy Courthouse in NewYork December 11, 2012. Reuters/Joshua Lott

Assistant United States Attorney General of the Justice Department's Criminal Division Lanny A. Breuer speaks about HSBC during a news conference at the Conrad B. Duberstein U.S. Bankruptcy Courthouse in NewYork December 11, 2012. Reuters/Joshua Lott
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Photographer
STEFAN WERMUTH

A man uses a mobile phone in a branch of HSBC in St Helier, Jersey November 12, 2012. REUTERS/Stefan Wermuth

A man uses a mobile phone in a branch of HSBC in St Helier, Jersey November 12, 2012. REUTERS/Stefan Wermuth
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Photographer
JOSHUA LOTT

Assistant Attorney General of the U.S. Justice Department's Criminal Division Lanny A. Breuer speaks about HSBC during a news conference at the Conrad B. Duberstein U.S. Bankruptcy Courthouse in New York December 11, 2012. REUTERS/Joshua Lott

Assistant Attorney General of the U.S. Justice Department's Criminal Division Lanny A. Breuer speaks about HSBC during a news conference at the Conrad B. Duberstein U.S. Bankruptcy Courthouse in New York December 11, 2012. REUTERS/Joshua Lott
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Photographer
JOSHUA LOTT

U.S. Attorney for the Eastern District of New York Loretta Lynch (C) and Assistant Attorney General of the U.S. Justice Department's Criminal Division Lanny A. Breuer are seen after a news conference about HSBC at the Conrad B. Duberstein U.S. Bankruptcy Courthouse in New York December 11, 2012. REUTERS/Joshua Lott

U.S. Attorney for the Eastern District of New York Loretta Lynch (C) and Assistant Attorney General of the U.S. Justice Department's Criminal Division Lanny A. Breuer are seen after a news conference about HSBC at the Conrad B. Duberstein U.S. Bankruptcy Courthouse in New York December 11, 2012. REUTERS/Joshua Lott
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Photographer
JOSHUA LOTT

Thomas J. Curry, Comptroller of the Currency, speaks about HSBC during a news conference at the Conrad B. Duberstein U.S. Bankruptcy Courthouse in New York December 11, 2012. REUTERS/Joshua Lott

Thomas J. Curry, Comptroller of the Currency, speaks about HSBC during a news conference at the Conrad B. Duberstein U.S. Bankruptcy Courthouse in New York December 11, 2012. REUTERS/Joshua Lott
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Photographer
JOSHUA LOTT

Under Secretary of the Treasury for Terrorism and Financial Intelligence David S. Cohen speaks about HSBC during a news conference at the Conrad B. Duberstein U.S. Bankruptcy Courthouse in New York December 11, 2012. REUTERS/Joshua Lott

Under Secretary of the Treasury for Terrorism and Financial Intelligence David S. Cohen speaks about HSBC during a news conference at the Conrad B. Duberstein U.S. Bankruptcy Courthouse in New York December 11, 2012. REUTERS/Joshua Lott
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Photographer
JOSHUA LOTT

Assistant U.S. Attorney General of the Justice Department's Criminal Division Lanny A. Breuer holds a binder during a news conference about HSBC at the Conrad B. Duberstein U.S. Bankruptcy Courthouse in New York December 11, 2012. REUTERS/Joshua Lott

Assistant U.S. Attorney General of the Justice Department's Criminal Division Lanny A. Breuer holds a binder during a news conference about HSBC at the Conrad B. Duberstein U.S. Bankruptcy Courthouse in New York December 11, 2012. REUTERS/Joshua Lott
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Photographer
JOSHUA LOTT

Under Secretary of the Treasury for Terrorism and Financial Intelligence David S. Cohen speaks about HSBC during a news conference at the Conrad B. Duberstein U.S. Bankruptcy Courthouse in New York December 11, 2012. REUTERS/Joshua Lott

Under Secretary of the Treasury for Terrorism and Financial Intelligence David S. Cohen speaks about HSBC during a news conference at the Conrad B. Duberstein U.S. Bankruptcy Courthouse in New York December 11, 2012. REUTERS/Joshua Lott
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Photographer
JOSHUA LOTT

U.S. Attorney for the Eastern District of New York Loretta Lynch attends a news conference about HSBC at the Conrad B. Duberstein U.S. Bankruptcy Courthouse in New York December 11, 2012. REUTERS/Joshua Lott

U.S. Attorney for the Eastern District of New York Loretta Lynch attends a news conference about HSBC at the Conrad B. Duberstein U.S. Bankruptcy Courthouse in New York December 11, 2012. REUTERS/Joshua Lott
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