Hsbc Holdings PLC reduced its position in shares of Blackstone Mortgage Trust, Inc. (NYSE:BXMT – Free Report) by 14.3% during the fourth quarter, according to the company in its most recent 13F ...

HSBC Holdings 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 sources with knowledge ...

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 ...

HSBC established its operations in Australia in 1965 and obtained a commercial license in 1986, according to its website. In November, the lender reported A$31.8 billion ($19.9 billion) in mortgages ...

ASIC said the bank on average took 145 days to investigate client reports that they had been scammed, the statement said. ASIC said HSBC Australia’s failings were widespread and systemic.

Australia’s markets watchdog sued HSBC Bank of Australia Ltd for failing to protect clients who lost millions of dollars in scams. HSBC received about 950 reports of unauthorized transactions between ...

ASIC claims HSBC was alerted “materially well before January 2023” that it had a significant risk of unauthorised payments”, with scammers able to exploit the bank’s real time payments ...

Mr Shaw took on the top job at HSBC Australia in September 2022. ASIC claims HSBC was handed 950 reports of unauthorised transactions between January 2020 and August 2024, totalling $23m in ...