Stuart Gulliver, HSBC‘s chief executive and Douglas Flint, the embattled bank’s chairman, have apologised for “unacceptable” practices at its Swiss private banking arm. During questioning by the Treasury Select Committee, Gulliver ... Read More
The chairman and chief executive of HSBC will appear before a panel of MPs today to answer questions about a tax scandal at the banking giant. Chairman Douglas Flint ... Read More
HSBC ended the day with its shares at 577p, 4.6 per cent lower than Friday’s closing price. Having announced that profits fell 17 per cent during 2014, it admitted its ... Read More
CEO drawn into tax scandal as calls grow to prosecute HSBC for ‘cheating’ the British tax system HSBC’s chief executive Stuart Gulliver sheltered millions of pounds in bonuses in a ... Read More
The Financial Conduct Authority (FCA) says it is looking into the HSBC bank over its Swiss tax-dodging scandal. The move comes in the light of last week’s allegations that ... Read More
Downing Street insists it had no warning of HSBC wrongdoing, despite revelation MPs had known about ‘disc from the Swiss’ with names of potential tax dodgers Downing Street and ... Read More
Revelations of collusion with wealthy and criminal clients in tax malpractice triggers furious response around the world HSBC was fighting an international firestorm on Monday over revelations that its Swiss ... Read More
Data in massive cache of leaked secret bank account files lift lid on questionable practices at subsidiary of one of world’s biggest financial institutions. HSBC’s Swiss banking arm helped ... Read More
“India may never quite match China’s rapid ascent, but even at a slightly slower speed it will make waves” As China matures, double-digit growth seems even less likely to ... Read More
Output growth picked up in major emerging markets in December led by India, but was subdued overall with China seen slowing further and Brazil likely falling back to recession, an HSBC ... Read More
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