HSBC Can Manage Possible Settlement, Maughan Says

Nov. 4 (Bloomberg) -- Simon Maughan, a financial industry strategist at Olivetree Securities, talks about HSBC Holdings Plc's statement today that 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. Maughan speaks with Erik Schatzker and Stephanie Ruhle on Bloomberg Television's "Market Makers." (Source: Bloomberg)
Greece's Cash Crisis is Bitcoin's Boost
01:08 - In Greece, the long waits at ATMs with cash withdrawal limits are getting tedious, leaving the majority no alternative other than to join the queues. But for some, the answer can be found in Bitcoins - a commodity promoted by advocates as a digital currency. Getting others to follow suit though is proving challenging, as Bloomberg has been finding out.
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