HSBC Fined 73M for Serious Failings in UK Deposit Protection
LONDON, Jan 30 Reuters HSBC has been fined 57.4 million pounds 73 million for serious failings in protecting some depositors over several years, in the first penalty of its kind under British rules designed to protect customers if banks fail. The Bank of England39;s Prudential Regulation Authority PRA said on Tuesday that HSBC failed to accurately […]