Friday, 20 February 2015

10 days on, HSBC bank faces 10 separate inquiries

10 days on, HSBC bank faces 10 separate inquiries


Ten days after revelations about HSBC’s Swiss subsidiary first broke, the bank is now facing 10 separate inquiries around the world. On Wednesday Swiss prosecutors announced a criminal investigation into the Geneva-based bank’s activities, joining a growing list of investigations in jurisdictions across Europe, Asia, and both North and South America. Of perhaps the most immediate concern to the bank are statements from US Department of Justice officials...

Read more: http://ift.tt/1EzMiqm

No comments:

Post a Comment