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'Rogue trader' seeks new trial

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Jerome Kerviel sought the suspension of a French trial into whether he is responsible for Societe Generale's $5.3bn trading loss eight years ago until a criminal court rules on the convicted rogue trader’s bid for a retrial.

Credit union sues HSBC

HSBC building sign

The National Credit Union Administration Board filed suit against HSBC, alleging it did not fulfil trustee duties for 37 residential mortgage-backed securities trusts, the group said on Friday.

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Credit union sues HSBC

The National Credit Union Administration Board filed suit against HSBC, alleging it did not fulfil trustee duties for 37 residential mortgage-backed securities trusts, the group said on Friday.