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Sunday, April 22, 2018, 1:23 p.m.

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‘Too big to jail’ rationale meant no charges for HSBC, critics say

When the U.S. Justice Department announced its record $1.9 billion settlement against British bank HSBC on Dec. 11, prosecutors called it a powerful blow to a dysfunctional institution accused of laundering money for Iran, Libya and Mexico’s murderous drug cartels.

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