Court approves “without hesitation” HSBC DPA that imposes a record corporate forfeiture of $1.256 billion, independent monitor and important remedial measures.

The following press release was published by the U.S. Department of Justice, Office of the United States Attorneys on July 2, 2013. It is reproduced in full below.

Department of Justice

U.S. Attorney’s Office

Eastern District of New York

Tuesday, July 2, 2013

Source: U.S. Department of Justice, Office of the United States Attorneys