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HSBC To Pay Mass. $4M To Settle Force-Placed Claims

By John Kennedy (February 19, 2016, 8:14 PM EST) -- HSBC Holdings PLC will pay $4 million to settle charges that it received kickbacks related to inflated force-placed insurance policies it bought for struggling Massachusetts homeowners, the state's attorney general announced Thursday, the latest in a string of settlements for the embattled London-based bank....

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