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HSBC Private Bank appeals against record HK$605 million fine by SFC

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HSBC Private Bank has appealed against a record HK$605 million fine and the revocation of its advisory licence by the Securities and Futures Commission over alleged misconduct related to the sale of Lehman Brothers-related derivative products between 2003 and 2008. The hearing started on Wednesday and will last until at…

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Click here to read the full story: South China Morning Post

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