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HSBC agrees to pay $30 million to settle SSA investor class action

( January 9, 2019, 22:31 GMT | Official Statement) -- MLex Summary: HSBC has agreed to pay $30 million to investors in sub-sovereign, supranational and agency bonds to settle allegations that the bank conspired with rivals to manipulate the prices of the so-called SSA bonds, lawyers for the investors said. The bank has also agreed to provide "substantial evidence" to the investors, including electronic chats among the alleged conspirators, the lawyers said. The settlement requires the approval of a judge.See document below....

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