HSBC makes US$378m provision for likely forex penalty
Tue, Nov 04, 2014 - 5:50 AM
London
HSBC Bank on Monday took a US$378 million charge linked to allegations of foreign exchange market rigging, and posted mixed earnings for the third quarter.
The Asia-focused lender added in a results statement that talks were ongoing with Britain's Financial Conduct Authority...
Register to read this article. Log in if you are already a subscriber.Register to read this article. Log in if you are already a subscriber.Please log in or subscribe to continue reading.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes