Global bank HSBC is being sued by regulator Australian Securities and Investment Commission over claims it failed to respond adequately to around 1000 reports of suspicious account activity from customers, some of whom were scammed out of A$90,00 ($99,000) or more.
The Asic claim, launched in the
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).