HSBC suffers money-laundering déjà vu

HSBC , executives must be suffering from a sense of déjà vu. Britain’s Financial Conduct Authority on Friday fined the global bank 63.9 million pounds for deficiencies in its anti-money laundering ... ( read original story ...)

HSBC Puts Best Lending Rate On Hold at 5%

HSBC announced that it maintained the best lending rate intact at the current level of 5%. The last adjustment was dated back on 1 November 2019, when the rate was cut by 12.5 bps. Meanwhile, the bank ... ( read original story ...)