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

The Australian Securities and Investments Commission (ASIC) is alleging HSBC took, on average, 145 days to look into matters ...

Corporate regulator ASIC has alleged that HSBC Bank Australia Limited (HSBC Australia) failed to adequately protect customers ...

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

HSBC Holdings plc’s HSBC Australia unit, HSBC Bank Australia, has been sued by the Australian Securities and Investments ...

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

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

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 ...

HSBC’s Australian customers lost millions from scams and fraud due to the bank’s alleged weak systems, after criminals ...

HSBC Bank Australia Limited (HSBC Australia) failed to adequately protect customers scammed out of millions of dollars, ...

Australia’s markets watchdog sued HSBC Bank of Australia Ltd. for failing to protect customers who lost millions of dollars ...