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HSBC has its fine over Lehman products reduced in Hong Kong

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HSBC is among global lenders that have been battered by billions of dollars in fines for misconduct since the global financial crisis.

Hong Kong

HSBC Holdings Plc's private banking unit was fined HK$400 million (S$69.4 million) over sales of structured products linked to Lehman Brothers Holdings Inc in Hong Kong, a smaller penalty than the city's securities regulator initially imposed.

 HSBC Private Bank (Suisse)

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