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 ...
Argentina's tax chief said Monday that the country demands HSBC Holding PLC to repatriate 3.5 billion U.S. dollars as the bank's Argentine branch moved offshore to help clients evade taxes and move ...
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.
HSBC Bank will further shrink its presence in Western New York by laying off 77 employees here and shifting its money-laundering prevention unit from Buffalo to New York City and Delaware. Jonathan ...