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
A man who has been called a Godfather of football hooliganism by police has been banned from every ground in the country for five years.
Daughter whose mother was left for hours on a hospital trolley in A&E has campaigned tirelessly for change - and with some success.
After unseasonably windy weather with gales and big battering waves along exposed western coastal spots, a little calmer into tomorrow.