HSBC Bank Australia Limited (HSBC Australia) failed to adequately protect customers scammed out of millions of dollars, according to documents filed by ASIC ...
The Australian Securities and Investment Commission claims HSBC's failures led to $23 million lost over four years.
The corporate watchdog is suing banking giant HSBC over a scam that netted $23 million, alleging it failed to protect 950 Australian customers.
Australia's corporate regulator alleges the banking giant failed its customers by taking months to investigate scam reports and freezing customers' accounts ...
ASIC claims some customers of the international bank lost $90000 due to scammers, after warning it of suspicious activity on their accounts.
Storefront of HSBC bank, Town Hall, Sydney, branch. ASIC alleges HSBC failed to adequately protect customers from scams. Photo: Shutterstock. Australia's ...
The Australian Securities and Investments Commission said on Monday that scammers had cost HSBC Australia customers A$23mn ($14.6mn) between 2020 and 2024, with ...
HSBC Bank Australia Limited (HSBC Australia) failed to adequately protect customers scammed out of millions of dollars, according to documents filed by ASIC ...
ASIC is suing HSBC Australia over alleged failures to protect customers from scams, resulting in $23 million in losses.
The Australian Securities and Investments Commission (ASIC) is suing HSBC Bank Australia Limited for failures to adequately protect customers from scams.
HSBC Australia is facing legal action after the Australian Securities and Investments Commission (ASIC) alleged the bank failed to protect customers who ...
Banking giant HSBC is facing a lawsuit from the Australian Securities and Investments Commission over alleged fraud-prevention failures.
ASIC is taking HSBC bank to court for failing to protect customers, knowing that scam transactions were likely taking place and being too slow to act.