PHOTO
HSBC logos are seen on a branch bank. Brendan McDermid
The Bank of England said on Tuesday it had fined HSBC 57.4 million pounds ($73 million) for failing to protect some customer depositors for several years.
The BoE's Prudential Regulation Authority said in a statement the bank failed to accurately identify deposits that were eligible for Britain's Financial Services Compensation Scheme - which protects customer cash up to 85,000 pounds. ($1 = 0.7881 pounds) (Reporting by Iain Withers, editing by Sinead Cruise)