All categories

3 years ago

Under pressure from u.s. regulators, hsbc bank admitted that it was guilty of this category of ethics violations:

2 answers:

7 0

The HSBC group have admitted that they violated the Bank Secrecy Act (BSA), the International Emergency Economic Powers Act (IEEPA) and the Trading with the Enemy Act (TWEA). The bank did not ensure that their anti-money laundering program was effective.

enot [183]3 years ago

3 0

Answer:

The correct answer is: fraud and financial misconduct.

Explanation:

In 2012, HSBC Holdings plc agreed to pay U.S. authorities a record $1.92 billion in penalties after admitting fraud and financial misconduct because of being used as a money laundry from drug-related Mexican activities. This is a breach of ethics in which bank officials and staff consider themselves guilty of having millions of dollars worth of trafficking in drugs.

You might be interested in

a funiture maker, has enough cpaacity to produce 800 dinner tables. lcd was able to produce 750 units during the month and it ha

Soloha48 [4]

Answer:

Explanation:

Size M an's small people

7 0

3 years ago

sergij07 [2.7K]

Answer:

take good notes and ask good questions

Explanation:

why because taking good notes help you go through back again, ask good questions keeps it in ur mind....

8 0

2 years ago

Calculate the future value of the following annuity streams: a. $8,000 received each year for 6 years on the last day of each ye

morpeh [17]

Answer:

We will derive the amount of Future values with the aid of financial calculator:

a. Future value = FV (Pv, -Pmt, N, I)

Future value = FV (0, -8000, 6, 7%)

Future value = $57,226.33

b. Future value = FV (Pv, -Pmt, N, I)

Future value = FV (0, -8000, 6*4, 7%/4)

Future value = FV (0, -8000, 24, 1.75%)

Future value = $236,088.13

c. For this case, we need to put the financial calculator at BEGIN mode

Future value = FV (Pv, -Pmt, N, I)

Future value = FV (0, -8000, 6, 7%)

Future value = $61,232.17

d. For this case, we need to put the financial calculator at BEGIN mode

Future value = FV (0, -8000, 6*4, 7%/4)

Future value = FV (0, -8000, 24, 1.75%)

Future value = $240,219.67

5 0

3 years ago

In an industry with inverse demand curve pequals420minus2Q, there are five firms, each of which has a constant marginal cost g

Damm [24]

Answer: 20 units.

Explanation:

Given that,

Inverse demand curve: P = 420 - 2Q

There are five firms and each of the firm has a constant marginal cost.

Marginal cost (MC) = 20

Profit maximizing output is produced by the firms is at a point where the marginal cost is equal to marginal revenue.

P = 420 - 2Q

Total revenue(TR) = PQ

= 420Q - 2 $Q^{2}$

Differentiating TR with respect to 'Q'

Marginal revenue(MR) = 420 - 4Q

MR = MC

420 - 4Q = 20

Q = $\frac{400}{4}$

Q = 100

Therefore, output produced by the industry is 100 units.

Per-firm production = $\frac{Total\ Production}{Number\ of\ firms}$

= $\frac{100}{5}$

= 20 units

Hence, each firm produces 20 units.

3 0

3 years ago

Please send me a friend request

zheka24 [161]

Answer:

Ok I will

Explanation:

Because I am a nice boy

4 0

4 years ago

Read 2 more answers