ASIC Sues HSBC Australia Over Failure to Protect Scam Victims
HSBC, a big bank, is in trouble with Australian authorities. They said that the bank did not help customers who lost money to scams. Between 2020 and 2024, the bank got almost 1,000 reports of suspicious activity. Customers lost over $23 million, but the bank took too long to investigate, leaving customers vulnerable. The authorities […]
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