FILE - This May 11, 2012, file photo shows the corporate logo for HSBC hangs on a wall outside an office for the London-based multinational bank in New York. When the Justice Department announced its record $1.9 billion settlement against British bank HSBC last week, prosecutors called it a powerful blow to a dysfunctional institution accused of laundering money for Iran, Libya and Mexico's murderous drug cartels. But to some former federal prosecutors, it was only the latest case of the government stopping short of bringing criminal money laundering charges against a big bank or its executives. (AP Photo/Mark Lennihan, File)

Associated Press
FILE - This May 11, 2012, file photo shows the corporate logo for HSBC hangs on a wall outside an office for the London-based multinational bank in New York. When the Justice Department announced its record $1.9 billion settlement against British bank HSBC last week, prosecutors called it a powerful blow to a dysfunctional institution accused of laundering money for Iran, Libya and Mexico's murderous drug cartels. But to some former federal prosecutors, it was only the latest case of the government stopping short of bringing criminal money laundering charges against a big bank or its executives. (AP Photo/Mark Lennihan, File)
FILE - This May 11, 2012, file photo shows the corporate logo for HSBC hangs on a wall outside an office for the London-based multinational bank in New York. When the Justice Department announced its record $1.9 billion settlement against British bank HSBC last week, prosecutors called it a powerful blow to a dysfunctional institution accused of laundering money for Iran, Libya and Mexico's murderous drug cartels. But to some former federal prosecutors, it was only the latest case of the government stopping short of bringing criminal money laundering charges against a big bank or its executives. (AP Photo/Mark Lennihan, File)
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