HSBC fined over treatment of customers in financial difficulty
Source: BBC
HSBC has been fined £6.2m by the City watchdog after it found the bank failed to help customers in financial difficulties.The Financial Conduct Authority (FCA) said the lender failed to consider customers' circumstances when they missed a repayment or sometimes "took disproportionate action".The FCA said the bank put "1.5 million people at risk of greater financial harm" through its actions.HSBC told the BBC "We…
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