U.S. Considers HSBC Charge That Could Upend 2012 Settlement

  • Deferred-prosecution deal required bank to tighten controls
  • Justice Department asking why FX employee wasn’t disciplined

HSBC May Face U.S. Charge Upending 2012 Settlement

U.S. prosecutors are considering a criminal charge against a unit of HSBC Holdings Plc related to conduct on its foreign-exchange desk, according to two people familiar with the matter, imperiling an earlier deal that let the bank avoid prosecution.

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