Tag: HSBC
Silicon Valley Bank’s UK Unit Saved by HSBC in Rapid Overnight...
By: Zickie Lim (Mills & Reeve Technology Blog)
As the Silicon Valley Bank collapse continued to make headlines throughout the weekend, Sunday night saw the...
UK Watchdog Says No Action Needed After HSBC Self-Corrects Breaches
The Competition and Markets Authority (CMA) dealt a rebuke to the banking giant after uncovering breaches of its responsibilities under open banking – which...
RBC To Buy HSBC’s Canadian Unit For $13.5-Billion
Royal Bank of Canada has entered an agreement to buy HSBC Holdings PLC’s Canadian business in a $13.5-billion cash deal that will pad RBC’s...
UK’s CMA Says HSBC Breached Rules For Over 9 Years
British multinational investment bank HSBC has been found guilty of breaching banking rules over a period of nine years after it told small firms...
HSBC Loses $2.3 Billion On French Bank Sale
The British bank HSBC said Friday it has agreed to sell its French retail bank to the Cerebus-backed My Money Group at a loss...
Deutsche Bank, HSBC BofA $96M Bond Settlements Approved
Settlements worth US$95.5 million resolving claims that Bank of America, Deutsche Bank, and HSBC Holdings conspired to rig the multi trillion-dollar market for bonds...
Switzerland Fines Credit Agricole, HSBC $7.2M Over Euribor
Credit Agricole and an HSBC Holdings unit were fined a combined 6.5 million Swiss francs (US$7.2 million) by Swiss regulators over the rigging of...
UK: HSBC, Santander UK to refund customers for breaking watchdog order
Britain’s competition watchdog said HSBC and Santander UK had agreed to refund customers after they broke a legal order that ensures customers receive text...
EU: HSBC’s $37M Euribor fine scrapped
HSBC Holdings won its fight against a 33.6 million-euro ($37 million) European Union antitrust fine for rigging a key benchmark in a decision reported...
US: Former HSBC FX chief’s fraud conviction upheld in court
Mark Johnson, HSBC’s former chief currency dealer arrested at New York’s John F Kennedy airport, has lost his appeal against his 2017 conviction in...
