HSBC fined 10 million pounds in UK for mis-selling products to elderly

Dec 6

HSBC fined 10 million pounds in UK for mis-selling products to elderly

Britain’s financial regulator slapped a £10.5 million ($16.4 million) fine on HSBC Holdings Plc. on Monday for mis-selling products to elderly customers paying for care home costs, the biggest-ever fine for a retail banking offence.
http://www.livemint.com/2011/12/05211430/HSBC-fined-10-mn-for-missell.html?h=A4

One Comments “HSBC fined 10 million pounds in UK for mis-selling products to elderly

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