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Stock Market & Financial Investment News

News Breaks
August 24, 2014
15:56 EDTHSBCHSBC sued by liquidator of SLS Capital over 'death bonds,' Reuters says
HSBC has been sued for $250M by the liquidator of Luxembourg-based SLS Capital because the bank, according to the complaint filed, had been a custodian of life insurance policies used as collateral for bonds that SLS sold to investors, and which were falsely marketed as safe, says Reuters. Reference Link
News For HSBC From The Last 14 Days
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March 30, 2015
15:11 EDTHSBCHSBC monitor reports bank falls short of compliance timeline, Bloomberg says
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March 24, 2015
07:26 EDTHSBCMaxim Integrated targeting major banks with patent lawsuits, Reuters reports
Maxim Integrated is (MXIM) targeting several major banks alleging their smartphone banking apps infringe the company's patents, reports Reuters. The complaints were filed against M&T Bank (MTB), and the US affiliates of HSBC (HSBC) and Banco Santander (SAN). The patents cover various technologies that secure data, including encryption for mobile financial transactions. Reference Link
06:08 EDTHSBCU.S. regulators say BNP, HSBC, RBS must rewrite living wills
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March 23, 2015
09:30 EDTHSBCHSBC raises exposure to Russia, Brazil, others, Reuters says
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March 18, 2015
07:20 EDTHSBCU.S. considers 'tearing up' non-prosecution deals with banks, Bloomberg says
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