From nytimes: "Federal and state authorities secured a record $1.92 billion payment from HSBC to settle charges that the banking giant transferred billions of dollars for nations under United States sanctions, enabled Mexican drug cartels to launder tainted money through the American financial system, and worked closely with Saudi Arabian banks linked to terrorist organizations."
No individuals involved were prosecuted for criminal charges.
Senator Warren: "If you're caught with an ounce of cocaine, the chances are good you go to jail. If you're caught repeatedly, you can go to jail for life. Incidentally, if you launder nearly a billion dollars in drug money, your company pays a fine and you go home and sleep in your own bed at night."