Australia’s housing downturn is set to weigh on economic growth and help the Reserve Bank in its campaign to drag inflation ...

MELBOURNE, AUSTRALIA / ACCESSWIRE / March 24, 2024 / Proxymity, a leading digital investor communication platform, has today announced a significant milestone in its collaboration with HSBC, with the ...

Citi is in “active engagement” with the country’s big four banks, all of which have expressed interest in HSBC’s $20b deposit book, ...

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June 18 (Reuters) - An Australian court has ⁠ordered ⁠HSBC's local unit to ⁠pay A$35 million ($24.61 million) after the bank admitted to failures in protecting customers from scams, the country's ...

Key points HSBC is closing its retail banking business in Australia The bank's $36 billion loan book has been sold to US private equity giant Blackstone, subject to regulatory approval Non-bank lender ...

Staff working in HSBC Australia’s retail business have hit out at being given no prior warning of the bank’s plans to shutter ...

An Australian federal court ordered HSBC Bank (HSBC) Australia to pay a A$35M (US$24.5M) penalty after it admitted to failures in protecting customers from scams, the Australian Securities and ...

At least six big Australian banks have taken the same action — a trend one industry executive says is stripping Aussies of their “financial rights” to participate in the digital economy. The ...

Internal documents filed in a lawsuit say HSBC Australia's consumer protection "failings were widespread and systemic." (Image: Shutterstock) Some lessons come with a price. The recent lawsuit against ...

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(Reuters) -Australia's corporate regulator has initiated legal action against the local affiliate of the global bank HSBC, claiming it failed to correctly respond to about 950 reports of customers ...