HSBC is the next client to go live on the newly launched sponsored repo solution built on Broadridge’s DLT enabled DLR platform.
HSBC Securities (USA) Inc. has agreed to pay a fine of $2 million for violations of Financial Industry Regulatory Authority (FINRA) rules.
The transaction advances the previously announced China consumer banking wind-down as part of Citi’s strategy refresh.
HSBC Securities (USA) Inc.’s Data Entry Errors exceeded the 10% threshold level mandated by Rule 536.F.
HSBC today unveiled HSBC Innovation Banking, which includes the former Silicon Valley Bank UK (SVB UK).
The CFTC order charges HSBC with manipulative and deceptive trading related to swaps with bond issuers, spoofing, and supervision failures.
The majority of the votes at the HSBC AGM were cast against a proposed strategy review, in line with the Board recommendation.
HSBC CEO and Chairman slam proposal for fixing dividends and recommend to shareholders to vote against this resolution.
The CFTC alleges that Christophe Rivoire, a senior member of HSBC’s rates trading desk in New York, engaged in market manipulation.
After initial deposit outflows following HSBC’s acquisition of SVB UK, deposits are now stabilising.