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Loan Modification

: Loan Modification & Home Loan News

Former HSBC Executive Serves 20 Months in Prison for Taking Bribe

By Evan Bedard

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Dec. 23 (Bloomberg) — Former HSBC Holdings Plc executive Chen Ching-hsiao was sentenced to 20 months in prison by a Hong Kong court for taking a bribe from a Taiwanese client seeking credit facilities. ?As a senior manager he damaged the reputation of the bank but he was willing to face up to his errors,? said [...]

Full post as published by Loan Modification & Home Loan News on December 23, 2009 (boomark / email).

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