HSBC pays $101m to US authorities in currency rigging probe settlement

Banking giant HSBC will pay $101.5m to US authorities to settle a criminal investigation into currency rigging.

HSBC pays $101m to US authorities in currency rigging probe settlement
Fri, 19 Jan, 2018 - 10:44

Banking giant HSBC will pay $101.5m to US authorities to settle a criminal investigation into currency rigging.

Europe's biggest bank has entered a three-year deferred prosecution agreement with the US Department of Justice (DoJ) in which it will stomach a $63.1m fine and pay $38.4m in restitution.

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