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Tag: HSBC

HSBC Will Pay $1.6B to End Shareholder Lawsuit Over Subprime Unit

June 17, 2016

Via: Fortune

A unit of HSBC Holdings said on Thursday it will pay $1.575 billion to end a 14-year-old shareholder class action lawsuit stemming from the Household International consumer finance business that the British bank bought in 2003. HSBC Finance Corp expects […]