Weekly Roundup: U.S. Weighing Prosecution of HSBC Bankers, Argentina Forwards AML Bill Ahead of FATF Evaluation, and More

The U.S. Justice Department's investigation of HSBC Holdings Plc could result in the prosecution of bankers, Reuters reported Thursday, citing a source close to the investigation. The investigation has moved slowly because the investigators have been "meticulously doing interviews" with the objective of prosecuting individuals, the unnamed individual told the media outlet. More Individuals familiar with the investigation told in August that the fine against the bank could exceed $500 million, making it the largest ever fine for anti-money laundering (AML) violations. More Beset with criticism over its AML regime, Argentina's lower congressional house approved a bill weeks before...