The Justice Department reached settlement with HSBC in money laundering investigation . A federal judge has ordered the bank to pay $110 million for its role in helping Mexican drug cartels launder billions of dollars through accounts at HSBC. HSBC , which accepted responsibility , will pay the U.S. government $ 1.92 billion .
The Justice Department reached settlement with HSBC in money laundering investigation . GOP Sen. Charles Grassley says department should have sought criminal charges . HSBC , which accepted responsibility , will pay the U.S. government $ 1.92 billion .