Proof that Banksters Rig the interest rates

HSBC Holdings Plc has settled claims by a group of U.S. bondholders that it conspired with rivals to rig the Libor benchmark interest rate.
Rate rigging has led to billions of dollars of regulatory fines against banks worldwide, along with a slew of private lawsuits like those in the Manhattan federal court.
HSBC reached a separate settlement over similar claims in January, agreeing to pay $35 million to end private U.S. antitrust litigation in Manhattan federal court accusing it of manipulating the yen Libor and Euroyen Tibor, or Tokyo Interbank Offered Rate, another benchmark interest rate.
Rate rigging has led to billions of dollars of regulatory fines against banks worldwide, along with a slew of private lawsuits like those in the Manhattan federal court.
The case is In re: Libor-Based Financial Instruments Antitrust Litigation, U.S. District Court, Southern District of New York, No. 11-md-02262.
HSBC Pays $32.5 Million to Settle Claims on Faulty Foreclosures
HSBC Holdings Plc will pay $32.5 million to settle claims that it failed to follow a U.S. regulator’s orders to improve mortgage foreclosure practices that led to borrowers being harmed after the 2008 credit crisis.  The Office of the Comptroller of the Currency levied the fine after concluding that HSBC is now in compliance with the agency’s orders going back to 2011. The London-based bank was one of many big U.S. mortgage servicers that reached agreement with regulators to review problems that led to borrowers facing improper foreclosures.
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