If a cooperation is defined as an individual and no individual is above the law, then why should HSBC be considered "too big to prosecute". They admit to laundering money to drug cartels. US law prevents banks doing business with what it regards as the most dangerous individuals and countries, such as Iran, North Korea and others. A 2012 investigation shows that HSBC did business with Saudi's biggest financial institution, Al Rajhi Bank and frequently circumvented the rules to do so. And actions to get around the system "may have facilitated transactions on half of terrorists, drug traffickers and other wrongdoers." They are putting more drugs on our streets and financing terrorism. They admit to these crimes and should be prosecuted, not fined.
This is historical material “frozen in time”. The website is no longer updated and links to external websites and some internal pages may not work.
