Op-ed views and opinions expressed are solely those of the author. A 2012 U.S. Senate investigation documented that the British bank HSBC laundered billions for the Mexican […] ...

The move to exit Australia comes at a time that HSBC is being sued by the Australian regulator ASIC for failing to protect customers from criminal scams. Bridget Carter has worked as a writer and ...

A federal judge in New York has rejected Huawei's effort to toss charges alleging bank fraud, sanctions violations and trade ...

While this measure aims to provide some level of protection for consumers, HSBC’s head of fraud, David Callington, argues that it will not be sufficient to curb the rising tide of APP scams.

Reputable financial institutions have reportedly served as stations in the multistep money laundering process that transports ...

Restriction orders will be issued only as a last resort, after other options have been exhausted. Read more at ...

ASIC, which is seeking financial penalties, alleged that HSBC Australia knew of gaps in its fraud controls from at least January 2023 ...

HSBC is a small player in Australia’s banking sector, but data suggests its customers have been heavily targeted by fraudsters. Those who have lost life savings wish the bank had done more.

Banking giant HSBC did not act on repeated warnings from its own fraud experts about a security loophole until hundreds of its customers had lost millions of dollars in a bank-impersonation scam.