Financial Conduct Authority

U.S. fines HSBC $175 million for lax forex trading oversight

Sat, 30 Sep 2017 - 11:31 GMT

The U.S. Federal Reserve fined HSBC Holdings PLC $175 million on Friday for “unsafe and unsound practices” in its foreign exchange trading business.

UK banks call for 'mutual recognition' deal with EU after Brexit

Sat, 09 Sep 2017 - 11:07 GMT

Britain and the European Union should accept each other’s rules governing financial services in a “flexible” trade deal.