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(Image from article: "EU regulators raid banks in interest-rate probe: report")

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AP source: HSBC to pay $1.9B to settle probe

HSBC, the British banking giant, will pay $1.9 billion to settle a money-laundering probe by federal and state authorities in the United States, a law enforcement official said Monday.

 

EU regulators raid banks in interest-rate probe: report

EU regulators raid banks in interest-rate probe: report

The European Commission seized documents from several major banks on Tuesday, marking the intensification of a world-wide law-enforcement probe into how key interest rates are set, the Wall Street Journal said, citing people familiar with the situation.

 

Lehman Probe Stalls; Chance of No Charges

Lehman Probe Stalls; Chance of No Charges

The U.S. government's investigation into the Lehman Brothers collapse has hit daunting hurdles that could result in no civil or criminal charges ever being filed against the company's former executives.

 

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