Announcement in Relation to Regulatory Actions by SGX and/or Other Authorities::HSBC Reaches Definitive Agreement with US Department of Justice

Issuer & Securities

Issuer/ Manager
HSBC USA INC.
Securities
HSBC USA US$274M Z450424 - XS1220250804 - 7H3B
Stapled Security
No

Announcement Details

Announcement Title
Announcement in Relation to Regulatory Actions by SGX and/or Other Authorities
Date &Time of Broadcast
10-Oct-2018 03:45:42
Status
New
Announcement Sub Title
HSBC Reaches Definitive Agreement with US Department of Justice
Announcement Reference
SG181010OTHR3W73
Submitted By (Co./ Ind. Name)
Judd Roberts
Designation
Counsel
Effective Date and Time of the event
09/10/2018 17:00:00
Description (Please provide a detailed description of the event in the box below)
HSBC today announced a definitive agreement with the US Department of Justice to resolve
its multi-year investigation of its legacy securitization, issuance and underwriting of residential mortgage-backed
securities issued between 2005 and 2007.

Attachments

Form 8-K 10.09.18 - Press Release.pdf
Total size =787K