The U.S. is set to announce a $1.9B settlement with HSBC (HBC) over money-laundering...

|About: HSBC Holdings PLC (HSBC)|By:, SA News Editor

The U.S. is set to announce a $1.9B settlement with HSBC (HBC) over money-laundering charges with regards to Iran, reports the WSJ. That a settlement was coming was leaked last week (though to the tune of $1.8B). Earlier, Standard Chartered was fined $327M for its own money-laundering scheme with the Iranians.