SYDNEY—Australia’s corporate watchdog is suing the local unit of HSBC HSBA-1.34%decrease; red down pointing triangle Holdings over allegations that the bank failed to protect customers from ...

Sarah Court, ASIC’s deputy chair, said, “We allege HSBC Australia’s failings were widespread and systemic, and the bank failed to protect its customers.” In the same report, ASIC stated ...

The Australian Securities and Investments Commission (ASIC), reported that between January 2020 and August 2024, HSBC Australia received around 950 reports of unauthorized transactions.

(RTTNews) - Australia's markets regulator sued the Australian unit of British lending major HSBC Holdings Plc for allegedly failing to adequately protect customers from scams. As per the documents ...

Dec 16 (Reuters) - Australia's corporate regulator has initiated legal action against the local affiliate of the global bank HSBC (HSBA.L), opens new tab, claiming it failed to correctly respond ...

SYDNEY] The Australian and New Zealand dollars fell with global stocks on Monday after the US bombed nuclear facilities in Iran, although they found some chart support to lean on and bounced off ...

HSBC Holdings Plc is studying options for its consumer banking business in Australia including a potential sale as the bank looks to further slim down its operations, according to people with ...

SYDNEY—Australia’s corporate watchdog is suing the local unit of HSBC Holdings over allegations that the bank failed to protect customers from criminal scams. The Australian Securities and ...