HSBC Defeats Most Claims In First Citizens' Poaching Suit

By Elliot Weld · May 28, 2026, 5:40 PM EDT

A California federal judge has dismissed the bulk of First Citizens Bank & Trust Co.'s suit against HSBC alleging the latter induced a mass resignation and misappropriated trade secrets, saying the...

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Case Information

Case Title

First-Citizens Bank and Trust Company v. HSBC Holdings plc et al

Case Number

3:23-cv-02483

Court

California Northern

Nature of Suit

Defend Trade Secrets Act (of 2016)

Date Filed

May 22, 2023