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 HSBC to Pay $765 Million in Settlement Over Pre-Crisis Mortgage Bonds](http://generalcounselnews.com/wp-content/uploads/2018/10/HSBC-logo-on-building.jpg)
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.
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.
FAST Act Impact on Community Banks
![FAST Act Impact on Community Banks FAST Act Impact on Community Banks](http://generalcounselnews.com/wp-content/uploads/2015/04/bank-33225695_s-150.jpg)
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.