Key facts: HSBC faces $12B lawsuit; Texas judge rules ESG law unconstitutional; Board Meeting set for February 2026
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HSBC is facing a $12 billion lawsuit in the U.S. related to the Jeffrey Epstein scandal, alongside Barclays, over serious fraud claims. Additionally, a Texas judge ruled a law prohibiting financial firms from considering ESG factors in investments unconstitutional, impacting regulations. HSBC has scheduled a Board Meeting for February 25, 2026, to review 2025 results and discuss a potential fourth interim dividend, payable on April 30, 2026, to shareholders on record by March 13.
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