HSBC Holdings plc HSBC has been fined £57.4 million by the Bank of England (“BoE”) for “serious failings” over its measures to protect customer deposits between 2015 and 2022. The fine is the ...
A regulatory arm of the Bank of England said Tuesday it had fined HSBC for "serious failings" linked to customer deposits, handing the major lender a penalty of 57.4 million ($73 million).
HSBC has appointed David Lindberg as the new chief executive of its UK bank, marking a strategic move aimed at strengthening its core home market. "HSBC Holdings plc today announces that David ...