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Tag: Banks

HSBC to Pay $765 Million in Settlement Over Pre-Crisis Mortgage Bonds

HSBC to Pay $765 Million in Settlement Over Pre-Crisis Mortgage Bonds

News
Housing Wire is reporting that HSBC will pay $765 million to the federal government as part of a settlement that covers the bank’s mortgage bond activities in the run-up to the housing crisis.

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Six Banks Negotiating Settlement in Swiss Libor Probe

NEWS
If a settlement in Switzerland goes through, it could result in the conclusion of nearly all the global investigations into this rate-rigging case.

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FAST Act Impact on Community Banks

FAST Act Impact on Community Banks

Article
The recently signed FAST Act contains provisions targeted toward the financial services industry, which will have a considerable impact on the strategy and operations of community banks.

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