David Cameron has said he believes bankers should be held personally responsible for incidents such as money-laundering.
Following the announcement that HSBC is to pay £1.2 billion in a money-laundering probe by US authorities, the Prime Minister told the House of Commons Liaison Committee:
It is a very serious offence. We do have quite strict controls in this country in terms of how banking regulation and money-laundering regulation works.
I have always said, with respect to bankers, if they get it wrong, like anybody else, they should feel the full force of the law.
More top news
Russia says it has healthy people who are 'perfectly identifiable' in a video purporting to show dying people in a chemical attack.
Jonathan Munro is giving evidence during the latest stage of a High Court trial in London.
Dramatic footage captured by helmet-cams shows one rescuer diving in to pull a terrified young girl to safety.