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
Fri, Oct 03, 2014 - 5:50 AM
[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...