HSBC - HKD

HSBC Holdings has launched a share buyback program valued at up to $2 billion, as reported in a filing with the Hong Kong stock exchange.

HSBC was fined £23.4 million as part of a £104.5 million penalty for sharing sensitive UK bond info from 2009 to 2013. Stock rose 0.68% post-announcement.

HSBC resolved an investigation, highlighting improvements in its compliance controls, with the CMA acknowledging the strength of its current compliance program.