HSBC has agreed to pay nearly 300 million euros ($335 million) to end a Belgian criminal investigation into allegations of fraud and money-laundering, prosecutors in Brussels said on Tuesday.
The allegations, which related to a Swiss subsidiary of the British banking giant and ran into hundreds of millions of euros, mainly involved assets owned by wealthy clients from the Antwerp diamond industry.
(Published 06 August 2019, 10:22 IST)