Published Jun 17, 2026, 9:13 PM ET · Updated 5 months ago · 1 source
HSBC Australia Admits to Scam Failures, to Pay $25 Million Fine
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Original Report
INFERY
HSBC Holdings Plc’s Australian arm admitted to failures in protecting customers from scams that cost them tens of thousands of dollars and agreed to pay a A$35 million ($25 million) penalty, the securities regulator said.