News
16 December 2024

HSBC 'sent Stenn into administration over client list fears'

In:
Other
Region:
Europe

HSBC Holdings triggered the shuttering of trade finance firm Stenn Technologies after uncovering transactions that were supposed to be with key customers but were potentially bogus instead, people familiar with the matter said.HSBC, which provided Stenn with a revolving credit facility, became...

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