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HSBC Hit With Record Fine For Ripping Off Elderly

Monday, December 5, 2011 - 11:34 AM
(Reuters) - Britain's financial regulator slapped a record 10.5 million pound ($16.4 million) fine on HSBC on Monday for mis-selling investments to pay care home costs for older customers.

http://www.reuters.com/article/2011/12/05/us-hsbc-idUSTRE7B41CA20111205
3
ShorebreakShorebreak2,367 posts since
Apr 6, 2010
Rep Points: 12,619
1. Monday, December 5, 2011 - 8:13 PM
Not shocked.  About what I'd expcect from HSBC.  Stopped doing biz with them years ago.
3
KaightKaight24 posts since
Dec 5, 2011
Rep Points: 602
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