HSBC must face US lawsuits over $34 billion mortgage debt losses
HSBC Holdings Plc was on Monday ordered to face three U.S. lawsuits accusing it of breaching its duties as a trustee overseeing residential mortgage-backed securities that suffered more than $34 billion of losses in the global financial crisis.
Jun 02, 2015, 07:12 AM ISTNon-banking firms to benefit from assets act
NBFC, SARFAESI, Moody`s Investors Service, Union Finance Minister Arun Jaitley,
Residential mortgage-backed securities,non-performing assets