Key facts: A federal judge dismissed all claims in the antitrust case against HSBC and other banks over alleged Libor rate manipulation, citing insufficient evidence from investors after 14 years.
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- A federal judge dismissed all claims in the antitrust case against HSBC and other banks over alleged Libor rate manipulation, citing insufficient evidence from investors after 14 years.1
- HSBC has teamed up with IBM to use quantum computing in bond trading, cutting errors by 34% and boosting trade prediction accuracy by 34% over traditional methods.234
- HSBC will sell its Sri Lanka retail banking operations to Nations Trust Bank, including accounts and loans. The deal, part of a global strategy, is set to close in early 2026.5