US fines HSBC $175 million for lax forex oversight
In an order, the Fed also directed HSBC to improve internal oversight measures and compliance with risk management requirements in its foreign exchange trading.
Sep 30, 2017, 14:14 PM IST
Swiss prosecutors close HSBC case, bank to pay more than $40 mn
Swiss prosecutors Thursday closed an investigation into allegations British banking giant HSBC's Geneva branch helped clients evade millions of dollars in taxes, after the bank agreed to pay tens of millions in compensation.
Jun 04, 2015, 23:04 PM IST
HSBC unit fined $12.5 mn for unregistered US services
A Swiss unit of British bank HSBC has agreed to pay $12.5 million for flouting US rules requiring registration of cross-border brokerage services, the Securities and Exchange Commission announced Tuesday.
Nov 26, 2014, 10:01 AM IST
