HSBC Holdings plc HSBC has been fined £57.4 million by the Bank of England (“BoE”) for “serious failings” over its measures to protect customer deposits between 2015 and 2022. The fine is the ...
Both the bank's mobile app and in-person services at several branches were made unavailable due to the outage on Friday ...
A regulatory arm of the Bank of England said Tuesday it had fined HSBC for "serious failings" linked to customer deposits, handing the major lender a penalty of 57.4 million ($73 million).