Toxic mortgage securities, missing records of traders’ WhatsApp chats, flawed research disclosures and climate adverts banned as misleading.
01
FinedHK$4.2m
Hong Kong’s Securities and Futures Commission found HSBC failed to disclose, or wrongly disclosed, its investment-banking ties in research reports from 2013 to 2021.
02
BannedThe Advertising Standards Authority ruled that HSBC posters about its climate finance left out material information about the bank’s continued financing of fossil fuels.
03
Settled$765m
The US government alleged HSBC misrepresented the quality of residential mortgage-backed securities it sold from 2005 to 2007. HSBC paid a $765m civil penalty.