
HSBC fined £57.4m for depositor protection failures
The UK’s Prudential Regulation Authority has fined HSBC £57.4m for historic depositor protection failings.

The UK’s Prudential Regulation Authority has fined HSBC £57.4m for historic depositor protection failings.

The Post Office could be embroiled in a second IT scandal involving a separate faulty computer system, according to an investigative report by the i newspaper.

JPMorgan’s securities division has agreed a US$18m settlement with the US Securities and Exchange Commission (SEC) for allegedly “impeding hundreds of advisory clients and brokerage customers from reporting potential securities law violations.”

Six people have been arrested over an alleged plot to disrupt the London Stock Exchange today.

A recent TV drama has re-focussed attention on the Post Office Horizon accounting scandal and has increased pressure on the government to compensate and exonerate those affected.

In our latest free report, we provide an update on approaches to stress testing in major financial jurisdictions around the globe and consider what the future might hold.