HSBC Next to Pay Reparations for Pre-Crisis Conduct
HSBC will be paying a $765-million fine to the Department of Justice, as representative of the United States, over its contributions from the bank that lead up to the 2008 housing and financial crisis. The details of the settlement were reported in the bank’s second-quarter earnings report, relating to RMBS transactions occurring between 2005 to … Continue reading HSBC Next to Pay Reparations for Pre-Crisis Conduct
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