Entering text into the input field will update the search result below

HSBC sets aside more cash for fines, compensation

Feb. 24, 2015 2:32 AM ETHSBC Holdings plc (HSBC) StockHSBCBy: Yoel Minkoff, SA News Editor
  • HSBC (NYSE:HSBC) has set aside another $550M to cover potential fines for alleged manipulation of foreign exchange markets and warned it could face a $500M bill to compensate U.S. customers for debt protection products it offered before May 2012.
  • The bank paid $611M to global regulators in November when it was one of six institutions fined over allegations of price fixing and manipulating benchmarks in the $5T-a-day forex market.

Recommended For You

More Trending News

About HSBC Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
HSBC--
HSBC Holdings plc