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

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

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

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

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

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

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

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

Australia’s corporate regulator is suing multinational banking giant HSBC for allegedly failing to adequately protect ...