NCUA Sues HSBC For Alleged $2B RMBS Trustee Failures

By Michael Lipkin · March 20, 2015, 9:57 PM EDT

The U.S. credit union regulator on Friday said it was suing HSBC Bank USA NA in New York federal court, alleging it failed as trustee of about $2 billion worth of...

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Case Information

Case Title

National Credit Union Administration Board et al v. HSBC Bank US, National Association

Case Number

1:15-cv-02144

Court

New York Southern

Nature of Suit

Other Statutory Actions

Date Filed

March 20, 2015