LONDON (Reuters) - HSBC reported a 17 percent fall in annual pretax profit and cut its profitability target, saying allegations its Swiss business had helped customers to dodge taxes had brought shame ...
As a former whistleblower in the HSBC scandal, where he exposed the bank’s involvement in facilitating money laundering for terrorist organizations, Stern’s unwavering commitment to justice has ...
A Senate committee has found that lax oversight at one of the world's biggest banks allowed terrorists and drug cartels to launder billions of dollars of illegal funds through its U.S. branches.
The London-headquartered lender will put by the provision in third quarter results due to be published on Tuesday.
How much lower can the banking sector sink? Since the start of the financial crisis, the industry has been beset by one scandal after another, with seemingly every major institution tainted by ...
Europe’s biggest lender, HSBC, has named a new chair following its tumultuous recruitment programme after the departure of ...
May 2nd's FT.com carried an article "HSBC THWARTS ATTEMPTED £70.5M FRAUD", reporting on the latest bank to be hit by attempted fraud. Euromoney's 'HSBC calls in police for €90 million fraud ...
LONDON, March 3 (Reuters) - HSBC's faces a second grilling by British lawmakers on Monday as fallout from the bank's Swiss tax scandal continues. Parliament's Public Accounts Committee said it will ...
Four years on from the financial crisis, new banking scandals still seem to break out every few months. But this week has been particularly bad for the industry. There was HSBC’s $1.9 billion ...
Andrew Wild joined HSBC in 2005. HSBC is on the new hunt for a new top boss at its continental Europe arm with its current chief set to depart at the end of the year. Europe’s largest lender said on ...
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