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Profits Over Consumer Protection? HSBC’s Legal Challenge
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Profits Over Consumer Protection? HSBC’s Legal Challenge

Australian Securities Commission Says HSBC Ignored Repeated Internal Warnings Some lessons come with a price. The recent lawsuit against HSBC by the Australian Securities and Investments Commission claims the bank prioritized profits over customer safety. Despite repeated internal warnings from its own fraud experts, HSBC failed to act.

First seen on govinfosecurity.com

Jump to article: www.govinfosecurity.com/blogs/profits-over-consumer-protection-hsbcs-legal-challenge-p-3891

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