Daily Corruption News: 11 December 2012

Filed under:
Posted 11 December 2012

Today's top story

Global: HSBC to pay $1.9B, biggest penalty ever for a bank, to settle US money-laundering case
Associated Press

HSBC avoided a legal battle that could further savage its reputation and undermine confidence in the global banking system by agreeing Tuesday to pay $1.9 billion to settle a U.S. money-laundering probe.



More news

Australia: 'I don't recall' line of the day at NSW corruption hearing
Sydney Morning Herald

Cayman Islands: Cayman Islands leader arrested in corruption case
Associated Press

Germany: Did Deutsche Bank fraudulently hide huge losses?
Spiegel Online

India: NGOs allege 'corruption' in child development scheme
The Times of India

UK: U.K. fraud agency makes first arrests over Libor-rigging
Bloomberg



Multimedia of the week

South Africa: Mdu Ntuli, Corruption Watch take comedic spin on fishy deals
Times Live



Blogs and opinion

China: China’s war on corruption is about to get real
The Atlantic



News from Transparency International

Web feature: Anti-Corruption Day around the world
On the blog: Will billions in fines alone make banks respect the rules?





Tags:

Stay informed

Transparency Twitter@anticorruption

Related news

Public input sought on gold standard for corporate anti bribery practices

Ten years after the original publication of the Business Principles for Countering Bribery, we're seeking public input on a proposed update to this ...

2
Apr
2013

Transparency International welcomes historic adoption of UN Arms Trade Treaty (ATT)

Transparency International welcomes the historic passage of the UN Arms Trade Treaty, voted in by an overwhelming majority of states today in the ...

19
Mar
2013

“Revolving door” safeguards will help ensure trust in ECB supervision

Transparency International EU welcomes safeguards agreed earlier today to prevent conflicts of interest in the supervision of Eurozone banks by the ...