51 DTCC sends issuer failure notice to HSBC Bank last Friday. (www.dtcc.com) posted 1 year ago by txharleygirl 1 year ago by txharleygirl +51 / -0 11 comments share 11 comments share save hide report block hide replies
While it’s not uncommon to see these notices it is uncommon on larger institutions. Lehman received one a month before they went under in 2008 during the housing melt down.