{
Five Star Bank

Companies

}
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hsbc reaffirms commitment to buffalo with new leadership and strategic focus

Five Star Bank's parent company has agreed to a $29.5 million settlement over a class-action suit regarding its auto loan notification process, which questioned whether proper notices were sent to borrowers post-repossession. The settlement, reached without an admission of liability, affects borrowers in New York and Pennsylvania.In other news, HSBC's U.S. CEO, Lisa McGeough, emphasized the bank's commitment to Buffalo, highlighting its significant local workforce and the importance of the region to the bank's operations. HSBC operates a high-performing wealth center in Amherst, catering to international clients.
Buffalo News
United States Dollar Five Star Bank USA GBR Michael Roberts Lisa Mcgeough
Business & Industry, News Article
22:00 18.03.2025
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