HSBC reached 550m agreement with US banking regulators

Tuesday, September 16th 2014 - 05:50 UTC

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HSBC Holdings will pay 550 million dollars to resolve a US regulator's claims that the British bank made false representations in selling mortgage bonds to the federal mortgage companies Fannie Mae and Freddie Mac before the financial crisis. Read full article

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Fbear
Another slap on the wrist from the USA. The government's corporate masters have spoken again.
Sep 16th, 2014 - 04:24 pm - Link - Report abuse 0
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