The Swiss private bank must pay more than US$190 million
HSBC finds 11% of global business leaders are eyeing Canada for expansion
The bank has already eliminated some 4,700 jobs
Bank plans to analyze client data to develop new products and services
HSBC Investment Funds (Canada) and HSBC Private Wealth Services (Canada) agree to pay more than $7 million in compensation to clients
Conduct risks cannot be fully averted for such a large and diversified group
Bank agrees to strengthen its compliance policies and procedures
Full extent of U.S. regulatory action is uncertain
NHFA subsidiary sold unsuitable investments to elderly customers
LifeMap MM Porfolios to merge with LifeMap Portfolios