HSBC Likely to Face Charges Over Money Laundering

HSBC Holdings Plc said it had set aside an additional $800 million to settle U.S. regulatory probes into potential money laundering.

Kyle Bass Warns of Huge Losses for Chinese Banks
33:57 - Albert Rabil, chief executive officer and managing partner at Kayne Anderson, discusses a warning by hedge fund manager Kyle Bass that China's banking system is at risk of losses that could top U.S. banks during the subprime crisis. He speaks on "Bloomberg ‹GO›." (Source: Bloomberg)
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