HSBC Holdings (HSBC), one of the world's largest global banks, was hit with a $1.9 billion fine for, most notably, serving as a conduit for Mexican drug cartels. The penalty, which was coupled ...

That is topped only by the £87 million punishment handed out to Credit Suisse last summer by the Bank of England’s Prudential Regulation Authority, HSBC was also hit with a $1.9 billion fine by ...

LONDON — HSBC, Europe’s biggest bank, has been fined 57.4 million pounds ($72.8 million) for failing to adequately protect customer deposits in the event that the bank collapsed, U.K ...

LONDON, Jan 30 (Reuters Breakingviews) - At first sight, HSBC’s (HSBA.L), opens new tab, (0005.HK), opens new tab 57 million pound fine, opens new tab from the UK’s Prudential Regulation ...

South Korea’s financial watchdog has recommended imposing combined fines of at least 10 billion won ($7.7 million) on HSBC Holdings Plc and BNP Paribas SA for so-called naked short selling ...

South Korea’s financial regulator is proposing hefty fines on HSBC Holdings plc HBCYF and BNP Paribas SA BNPZY over allegations of naked short selling, a practice prohibited under the nation ...

HSBC Holdings plc HSBC and BNP Paribas SA BNPQY are likely to face fines for financial misconduct under the recommendation of South Korea’s financial watchdog. The nation’s Financial ...

Four of the largest banks in the world will pay fines totalling over £100m to the UK competition watchdog after traders shared market sensitive information about gilts in private chatrooms.

HSBC suffered another serious blow to its reputation today when it was whacked with one of the heaviest fines ever handed out by the City regulator. The giant bank – a global lender with its HQ ...

HSBC cooperated with the investigation and agreed to settle the case, the authority said. Without this cooperation, the fine would have been 96.5 million pounds ($122.4 million). The bank said it ...

HSBC was also hit with a $1.9 billion fine by US authorities in 2012 for serving as a conduit for Mexican cocaine money laundering cartels, perhaps the most egregious punishment meted out to any ...