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91 dead in Oklahoma City suburbs from mile-wide tornado (video)

Review: Season Three of Hawaii Five-0 ends with a cliffhanger Special

Bombing suspect Dzhokhar Tsarnaev's nurses feared public reaction

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Hsbc News

Op-Ed: HSBC criminals escape punishment in money laundering settlement

New York - While HSBC was fined $1.9 billion for money laundering activities as well as illegal transactions involving several sanctioned countries, not a single individual at the bank faced criminal charges.
In the Media by Ken Hanly - 1 comment

British bank to pay $1.9 billion in US money-laundering penalties

New York - British banking giant HSBC has said it will pay US authorities a staggering $1.92 billion in penalties to “settle allegations of money laundering.”
In the Media by Robin Okuthe

Op-Ed: The greatest failure of the DOJ

Four years have passed since we experienced the economic near-collapse of our economy, and for four years we have also witnessed complete and utter failure in the administration of justice.
In the Media by James Raider - 15 comments

HSBC's money laundering: Pressure mounts on Lord Green

London - British Minister of Trade and Investment, Lord Green, is under increasing pressure to provide a detailed account of his involvement with HSBC's money laundering activities.
In the Media by Steve Hayes

British minister's position under threat

London - The position of Lord Green as Minister for Trade and Investment is looking increasingly untenable. Members of the Opposition are calling for him to answer "serious questions" in the light of the latest banking scandal.
In the Media by Steve Hayes

The plight of money-laundering banks

Europe's largest bank, HSBC, faces the prospect of a billion dollar fine, as a US Senate Committee finds it had an operating culture that allowed it to launder suspected drugs and terrorism money.
In the Media by Steve Hayes - 8 comments

HSBC announces 30,000 job cuts

Despite posting an impressive half of year profits of 7 billion pounds, Europe's biggest bank HSBC on Monday announced a massive 30,000 job losses, the highest in the banking sector in the last two years.
In the Media by Samuel Okocha - 4 comments

UK retailer TJ Hughes enters administration, 4,000 jobs at risk

Liverpool - As British discount department store TJ Hughes has entered administration, a large black cloud continues to hang over the British economy.
In the Media by Christopher Bates

Nestle agrees with Greenpeace on palm oil, drops key supplier

Palm oil has turned into a lucrative agricultural product for Indonesia, but the controversial crop has meant the destruction of rainforest and the homes of Orangutans.
In the Media by Stephanie Dearing - 4 comments

HSBC Chairman Speaks of Banks Owing 'Real World' an Apology

Stephen Green, Chairman of one of the world's largest banking groups HSBC, has spoken of how the banking world owes what he calls the "real world" an apology.
In the Media by Chris Dade
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