HSBC's Money Laundering Probe

HSBC Holdings Plc said it’s likely to face criminal charges from U.S. anti-money-laundering probes and the cost of a settlement may “significantly” exceed the $1.5 billion the bank has set aside.
Australia's Debt-to-GDP Ratio Going Higher, Toohey Says
56:01 - Tim Toohey, head of economics, commodities and strategy research at Goldman Sachs Australia and New Zealand, talks about what to expect from Australia's annual government budget due next week. He also discusses the latest jobs report and prospects for the nation's credit rating. Toohey speaks from Sydney with Shery Ahn on Bloomberg Television's "Trending Business." (Source: Bloomberg)
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