HSBC's private-banking unit was fined a record $51 million over sales of structured products linked to Lehman Brothers in Hong Kong.

Departing chairman Martin Gruenberg says the financial system is still vulnerable to unforeseen shocks; bank offers ways for customers to avoid overdraft fees.

HSBC Chairman Mark Tucker has met with shareholders and discussed takeovers of U.S. credit card businesses in his first month in office, the Sunday Times reported.

Big banks have raised deposit rates faster than regionals in order to retain depositors; India’s largest payment app wants to expand.

Treasury contests agency’s claims that ban on mandatory arbitration benefits consumers; former head of FX trading used client information to profit the bank.

HSBC named John Flint as its next chief executive officer after new Chairman Mark Tucker opted not to break with tradition and tapped a long-serving insider to run Europe's largest bank.

Also on Friday, Deutsche Bank agreed to pay $190 million to settle allegations that it rigged foreign exchange rates.

As electronic payments continue their steady ascent, the job Diana Reyes does for HSBC has become enormous.

Cate Luzio leads roughly 900 HSBC bankers worldwide who serve 33,000 subsidiaries of large multinationals.

As HSBC’s head of global corporate banking, investment banking and capital financing for Latin America, Bouazza is all about change, even when others may not have seen the need for it yet.

HSBC has been implementing biometric techniques for customer authentication, including voice recognition and Touch ID.

The global bank’s U.S. unit has bounced back, aided by growth in deposits and wealth management profits as well as a focus on international customers. A $125 million investment in tech and branches hasn’t hurt either.

Acting Comptroller Noreika says he will defer to Congress to determine whether the rule requiring mandatory arbitration should be killed; Bitcoin Cash to start trading but is causing confusion in the digital currency market.

After posting a second quarter of revenue growth and with plans to return another $2 billion of cash to investors, departing boss Stuart Gulliver’s six-year turnaround of HSBC Holdings might finally be gathering momentum.

Fifth Third's chief legal officer has emerged as a leading contender to get the nod as the FDIC's next chief; credit card profits under pressure at banks.

Advancements aimed at speeding the flow of information by eliminating manual processing are helping the global custody bank attract new clients and win more business from existing ones, fueling revenue growth and improving efficiency.

A monitor's report detailing HSBC's compliance with a 2012 agreement with U.S. prosecutors to fix faulty money-laundering controls isn't a judicial document and shouldn't be made public, a federal appeals court said.

If HSBC reaches an agreement with the government, it could give an early indication of how the Trump administration will levy financial penalties.

Barclays, Goldman Sachs, HSBC and Morgan Stanley are backing a shared vendor risk management platform. The tough part will be agreeing on a final product.

Portable digital identities could improve customer experience, cut costs and generate revenue for banks. But who’s on the hook when something goes wrong?