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KM Financial Solutions | Hong Kong tribunal fines HSBC private bank $51 mln for Lehman-linked products
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Hong Kong tribunal fines HSBC private bank $51 mln for Lehman-linked products

20 Nov Hong Kong tribunal fines HSBC private bank $51 mln for Lehman-linked products

Posted at 12:24h in News by
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HONG KONG, Nov 21 (Reuters) – A Hong Kong tribunal on
Tuesday imposed a fine of HK$400 million ($51 million) on the
private banking unit of HSBC in a case related to the
sale of Lehman Brothers-linked structured financial products
between 2003 and 2008.

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