Herve Falciani, a former HSBC employee who leaked information on the bank’s clients and tax situation, has told Spanish newspaper El Mundo he had knowledge of other cases and ... Read More
British bank HSBC said Friday it was looking into whether it should move its headquarters from the U.K., following regulatory changes in the banking sector. The question about where ... Read More
HSBC and Standard Chartered are looking at the viability of quitting London for a new home in Asia because a big jump in a tax on UK banks makes ... Read More
HSBC Holdings plc was informed that it has been placed under formal criminal investigation (‘mise en examen’) by the French magistrates in connection with the conduct of HSBC’s Swiss ... Read More
Switzerland is first with 10-year bond at negative yield as Mexico lines up 100-year euro bond Europe’s plunging borrowing costs marked two new milestones on Wednesday, with Switzerland becoming ... Read More
European tax evaders might soon have to hide their cash in mattresses instead of secret Swiss bank accounts. Switzerland has agreed to start sharing financial information with the European ... Read More
HSBC yesterday announced plans to appoint PricewaterhouseCoopers (PwC) as its auditor, replacing KPMG which had held the position since 1991. Europe’s biggest bank said the appointment would be put to ... Read More
HSBC is closing all accounts on Jersey belonging to customers living in the UK. It is part of a move by UK banks carrying out checks on the identity ... Read More
HSBC executives have been accused by MPs of incompetence for saying they were unaware of tax evasion activities in their Swiss private bank. Chris Meares, the ex-head of HSBC’s private ... Read More
Global regulators have issued dozens of rules aimed at making the biggest banks safer. That’s leading to another result some wanted: making them shrink. HSBC Holdings Plc, Europe’s biggest ... Read More
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