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).
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