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HSBC Will Pay $1.6B to End Shareholder Lawsuit Over Subprime Unit
Friday, June 17, 2016 8:41
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HSBC Will Pay $1.6B to End Shareholder Lawsuit Over Subprime Unit The banking giant probably wishes it had never bought Household International. 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 … Read more
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Source: http://4closurefraud.org/2016/06/17/hsbc-will-pay-1-6b-to-end-shareholder-lawsuit-over-subprime-unit/
