Big banks face suits for alleged US bonds rigging
Plaintiffs charge that large banks collaborated to depress the price of bonds in the USD 12.7 trillion US Treasury market when they were offered by the US government and then sold the bonds at a higher price in the secondary market.
Oct 03, 2015, 02:40 AM IST
HSBC must face US lawsuits over $34 billion mortgage debt losses
HSBC Holdings Plc was on Monday ordered to face three U.S. lawsuits accusing it of breaching its duties as a trustee overseeing residential mortgage-backed securities that suffered more than $34 billion of losses in the global financial crisis.
Jun 02, 2015, 07:12 AM IST