County of Cook v. HSBC North America Holdings, Inc. et al

  1. August 08, 2017

    HSBC Says High Court Ruling Ends Predatory-Lending Suit

    HSBC asked a judge on Monday to dismiss a suit in which Illinois' most populous county seeks to hold it accountable for increased costs and decreased revenues allegedly caused by a practice of discriminatory lending, saying HSBC's actions are not proximate to the injuries, an unshakeable requirement after a recent U.S. Supreme Court decision.

  2. October 01, 2015

    HSBC Can't Escape Chicago Predatory Lending Lawsuit

    HSBC must face a lawsuit that accuses the bank of targeting minority borrowers in Illinois' most populous county with predatory subprime mortgages, a federal judge in the state ruled Wednesday, finding the county has standing under the Fair Housing Act and Article III of the Constitution.