ASIC alleges the bank lacked proper controls to prevent unauthorised transactions and failed to investigate reports promptly.

Australia's corporate regulator has initiated legal action against the local affiliate of the global bank HSBC , claiming it ...

HSBC's Australian unit is being sued by the country's securities watchdog agency for failing to protect local customers from ...

Banking giant HSBC knew it had gaps in its fraud control systems but failed to fix them in the months before hundreds of its ...

Australia’s corporate watchdog is suing the local unit of HSBC Holdings over allegations that the bank failed to protect ...

Australia's markets regulator sued the Australian unit of British lending major HSBC Holdings Plc for allegedly failing to adequately ...

ASIC claims some customers of the international bank lost $90,000 due to scammers, after warning it of suspicious activity on ...

HSBC Australia is being sued by market regulator ASIC after the bank allegedly failed to adequately protect customers from ...

ASIC has launched legal proceedings against HSBC Bank Australia, alleging systemic failures in protecting customers from ...

HSBC received about 950 reports of unauthorised transactions between January 2020 and August 2024, resulting in customer ...

Global bank HSBC is being sued by regulator Australian Securities and Investment Commission over claims it failed to respond ...

The Australian Securities and Investment Commission claims HSBC's failures led to $23 million lost over four years.