Dinar Daily
Welcome to Dinar Daily Discussions.

Logging in with your USERNAME allows you to participate in discussions, see what has recently been posted, and other options. Guests can post but they do have limited abilities.

We are NOT a guru forum. We are a dinarian forum. The opinions expressed on the forum do not reflect the of opinion of Dinar Daily specifically, but rather reflect the views of the individual posters only.


We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."

Key Words
Adam Montana, AdminBill, Benjamin Fulford, Currency Exchange, David Schmidt, Dinar, Dinar Guru, Dinar Recaps, Dinar Rv, Dinar Scam, Dr Clarke, Frank26, Gary Larrabee, Gurus, Guru Hunters, JerzyBabkowski, Kaperoni, Kenny, Monetary Reform, Mnt Goat, My Ladies, Okie, Poppy, RamblerNash, Ray Renfrow, Redenomination, Revaluation, Ssmith, TNTBS, Tnt Tony, WING IT, We Are The People, Willis Clark, WSOMN, Yosef, Zap

Implications of the global crisis HSBC incurred $ 765 million

Post new topic   Reply to topic

Go down

Implications of the global crisis HSBC incurred $ 765 million

Post by RamblerNash on Wed Oct 10, 2018 11:16 am

Implications of the global crisis HSBC incurred $ 765 million


The Euphrates -

A decade after the global financial crisis, major banking institutions are still paying for their practices in recent years before the crisis.

HSBC agreed to a $ 765 million settlement with the US Department of Justice for misleading investors after selling securities backed by low-quality mortgages between 2005 and 2007.

The Department of Justice asserts that HSBC has made a decision to buy, assemble and sell distressed real estate loans with full awareness of the risks associated with them.

The bank had been expecting the financial fine to be added to the huge fines it paid over the past decade, including $ 2.5 billion in the head of the bank's executive office, and $ 1.9 billion after the scandal involving the bank in Mexico after being charged with money laundering for gangs. Drugs in Latin America.


Posts : 14523
Join date : 2015-02-19

View user profile

Back to top Go down

Back to top

Permissions in this forum:
You can reply to topics in this forum