HSBC Holdings Plc News

HSBC Faces Trimmed-Down Trade Secrets Lawsuit Over SVB Hires

HSBC Holdings Plc won the dismissal of most claims brought by First Citizens Bank & Trust Co. over the hiring of dozens of Silicon Valley Bank employees following the lender’s collapse last year. In an order Tuesday, US Magistrate Judge …

Ex-HSBC Trader Seeks €1.4 Million Over Broker-Fees Warning

A former HSBC Holdings Plc trader is demanding a €1.4 million ($1.5 million) payout from the lender in France, alleging it suddenly turned against him when he warned top bosses about a potential scandal over exorbitant brokerage fees. Yoram Loeb, …