Article Photos: US defends $1.9B deal with British banking giant 6/6

Treasury Under Secretary David Cohen, left, addresses a news conference in Brooklyn, N.Y., Tuesday, Dec. 11, 2012. British bank HSBC has agreed to pay $1.9 billion to settle a New York based-probe in connection with the laundering of money from narcotics traffickers in Mexico, U.S. authorities announced Tuesday. He is joined by US Attorney for the Eastern District of New York Loretta Lynch, center, and  Lanny Breuer, right, Assistant Attorney General  of the Justice Department's Criminal Division. (AP Photo/Richard Drew)