HSBC Australia has been fined $35 million after customers lost more than $23 million in scams linked to widespread failures in the bank's scam detection and response systems.
Karren Vergara is a Senior Journalist at FS Managed Accounts. She specializes in finance, investment, and business economics, covering a wide array of topics including capital markets, economic policy, and alternative investments. Karren's work has been featured in prominent publications such as FS Private Wealth, Chief Investment Officer Magazine, and Money Magazine Australia.









