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FCA Penalizes HSBC for Poor Treatment of Customers, Fines Bank £6.28 Million

DATE POSTED:May 23, 2024
The UK Financial Conduct Authority (FCA) has fined HSBC £6,280,100 for the poor treatment of its customers. According to the FCA, HSBC failed to properly consider people’s circumstances when they had missed payments. This transgression took place between June 2017 and October 2018. The FCA... Read More