Tag: HSBC
EU: Seven banks face EU antitrust fines for forex rigging: sources
Barclays, Citigroup, HSBC, JPMorgan and three other banks are set to be fined by EU antitrust regulators in coming weeks for rigging the multi-trillion...
US: HSBC to pay $30M to settle bond rigging suit
HSBC has agreed to pay US$30 million to settle litigation by investors who accused 11 big banks of rigging the roughly US$9 trillion government...
UK: Former HSBC FX trader wins appeal against extradition to US
HSBC’s former head of currency trading has won a last-ditch battle to block his extradition to the US, reported Bloomberg. In the US he...
US: HSBC agrees to pay US$100m to settle US antitrust suit
HSBC has agreed to pay US$100 million to settle an antitrust lawsuit by over-the-counter investors in the United States, including the city of Baltimoreand...
US: HSBC trader Mark Johnson convicted of fraud for front-running
A former HSBC banker has been found guilty by a US jury of defrauding a UK-headquartered energy firm in a US$3.5 billion currency trade.
Mark...
US: HSBC trader defends his actions in US$3.5b FX deal
Former HSBC Holdings currency trader Mark Johnson took the witness stand on Thursday, October 12, insisting that he cheated no one in a US$3.5...
US: Former HSBC trader to fight extradition in forex case
A British former trader at HSBC is to fight extradition to the US to face charges of manipulating foreign-exchange benchmarks.
Stuart Scott, 44, was arrested...
US: HSBC, bondholders reach settlement over Libor rigging
Legal action against financial majors allegedly involved in the manipulation of the London Interbank Offered Rate continues at full speed, with the latest piece...
Saudi Arabia: HSBC, RBS Saudi ventures in talks to form $78Bn...
A combination of the Saudi Arabian ventures of HSBC and Royal Bank of Scotland will break an almost 20-year drought for mergers and acquisitions...
US: Goldman Sachs, UBS, and HSBC cleared in metals antitrust case
A US judge on Tuesday significantly narrowed private litigation accusing several big banks and German chemical giant BASF of conspiring to suppress platinum and...
