HSBC in $100 million forex fraud settlement


British financial giant HSBC has agreed to pay more than $100 million to US authorities after admitting to defrauding clients during multi-billion-dollar foreign exchange transactions, the Justice Department announced Thursday. The settlement follows an indictment handed down Wednesday against a former Barclays trader similarly accused of defrauding the former California computing giant Hewlett-Packard by manipulating foreign…




HSBC in $100 million forex fraud settlement
HSBC in $100 million forex fraud settlement
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