HSBC Appears Largely Unexposed to First Brands Fallout, Expands Fraud Controls and Moves on Hang Seng

HSBC Appears Largely Unexposed to First Brands Fallout, Expands Fraud Controls and Moves on Hang Seng

HSBC exposure to First Brands: HSBC confirmed it had no exposure to First Brands’ failed financings, avoiding the losses that hit several Wall Street banks; the bank is expanding fraud‑detection

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