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UK banks seen facing US$41b more in misconduct charges

HSBC tops the list with likely payment of US$15.8b, with RBS and Barclays not far behind
Friday, October 3, 2014 - 05:50

[LONDON] UK banks face an additional US$41 billion of fines and settlements for financial malfeasance including the alleged rigging of currency markets and mis-selling US mortgages, according to Macquarie Group.

HSBC Holdings may incur US$15.8 billion of litigation charges, the most among

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