Breakingviews: HSBC worries hit earnings and reputation
July 30 - HSBC sets aside $2 bln to cover costs for PPI mis-selling and money laundering, but it's the snowballing effect and muddying of its reputation that...
'Malicious' HSBC fined Rs 5.5 lakh for charging interest on settled loan
A consumer forum here has imposed a fine of Rs 5.5 lakh on banking major Hongkong and Shanghai Banking Corporation (HSBC) Ltd for unfair trade practice of keeping its customer's already settled loan account outstanding and charging interest from him.The New Delhi District Consumer Disputes Redressal Forum pulled up the bank saying that HSBC's act was not only "motivated by commercial ...
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