HSBC agrees to $765 million settlement with DOJ over pre-crisis mortgages

HSBC revealed Monday that it recently agreed to a “settlement-in-principleâ€� with the Department of Justice that would see the bank pay a $765 million civil penalty that would resolve an investigation into the bank’s mortgage origination and securitization activities from 2005 to 2007. But that’s not the only pending settlement for the London-based bank.