Hsbc

HSBC to pay $100m in currency rigging settlement

HSBC has agreed to pay just over $100m (£72m) in penalties to settle a US Department of Justice probe into currency rigging. The payment comprises of $38.4m in restitution and a $63.1m fine, with the latter reflecting a 15pc reduction “in recognition of HSBC’s cooperation during the investigation and its extensive remediation”, reports The Telegraph. […]

global leaders

Apple to pay $38bn Trump tax bill

Apple said it will bring hundreds of billions of overseas dollars back to the US, pay about $38bn (£27bn) in taxes on the money and spend tens of billions on domestic jobs, manufacturing and data centers in the coming years. The iPhone maker plans capital expenditures of $30bn in the US over five years and will create 20,000 […]