HSBC Probe Results in Promises Regulator, Bank Will Clean Up Act

HSBC Probe Results in Promises Regulator, Bank Will Clean Up Act

Jonathan Ernst/Bloomberg

David Bagley, head of group compliance for HSBC Holdings Plc, left, and Paul Thurston, chief executive officer of retail banking and wealth management for HSBC, are sworn in to testify at a hearing of the U.S. Senate Homeland Security and Governmental Affairs Committee's Permanent Subcommittee on Investigations in Washington, D.C.