HSBC agrees to pay ?300m to settle dividend fraud case in France

NAMPA / DPA

2026-01-08

London (PA Media/dpa) - HSBC has agreed to pay around ?300 million ($350 million) to French authorities to settle a dividend fraud case, as the bank also said it had won shareholder backing to buy out its Hong Kong-listed business Hang Seng. The banking giant said it was "pleased to have resolved" the issue after being investigated by French financial prosecutors. It brings an end to the probe into its trading activity between 2014 and 2019. Seve......

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