Howard Marks's position in HSBC Holdings plc is currently worth $11.5M. That's 0.30% of their equity portfolio (35th largest holding). Howard Marks acquired their 176k shares in Q1 2009. So far they never sold any shares in the company. The stake costed the investor $5.47M, netting the investor a gain of 110% so far.
The Financial Conduct Authority (FCA) has fined HSBC and Marks and Spencer Financial Services ?6,280,100 for failures in treatment of customers who were in a...