UK's Biggest Banks Face Further $29B Misconduct Bill: S&P
S&P said it believed the affected banks had sufficient capital buffers to cope with the charges.
HSBC Says To Consider Whether To Move Headquarters From Britain
Shareholders have urged the bank to consider moving its headquarters to Asia, due to a hefty UK bank tax and other London-based costs.
HSBC 'Too Slow' To Reform After Money Laundering Allegations, Says Justice Dept. Monitor
HSBC has made only halting progress in its ongoing efforts to fall in line on compliance issues, according to a Department of Justice court document filed Wednesday.
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HSBC Whistleblower: Top Management Was "Aware Of The Problem"
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Big Banks Under Investigation For Allegedly Fixing Precious Metals Prices: Wall Street Journal
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Global Banks Under Investigation For Alleged Price Rigging Of Precious Metals: Report
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HSBC May Face Extra $1 Billion In FX Fines, US Compensation Costs
More news
HSBC Could Face Criminal Charges In The UK Over Swiss Private Bank, Says Ex-Director Of Public Prosecutions
At issue is the role played by HSBC’s Swiss private bank in a massive tax-dodging scheme.
Geneva Police Raid HSBC Offices, Launch Investigation Into Alleged Laundering Activities
The bank is already facing criminal investigation in the U.S., France, Belgium and Argentina.
HSBC Publishes Apology In British Newspapers Over Claims Of Tax Evasion
Britain's Treasury Committee has called HSBC's chairman and CEO to give evidence on the matter Feb. 25, Reuters reported.
HSBC Leaks: Venezuela Had Third-Largest Amount Of Money Stored In Swiss Banks, Report Says
Venezuela had the third-largest amount of money stored in Swiss HSBC accounts, according to this week’s leaks.
HSBC Could Face US Legal Action Over Swiss Accounts
U.S. prosecutors have stepped up efforts to establish whether HSBC helped Americans evade taxes.
Li Xiaolin, Former Chinese Premier Li Peng's Daughter, Hid Over $2M In HSBC Swiss Account
Li and her husband, who became HSBC clients in 2001, are beneficiaries of one client account that's linked to five bank accounts.
Wall Street Whistleblowers: After The Largest Leak In Banking History, Are They Safe?
In the wake of the largest leak in banking history, the fate of the financial whistleblower remains unclear.
HSBC Helped Tax Dodgers Hide Billions, Largest Banking Leak In History Reveals
A leak reveals how the U.K. bank stashed money for clients connected to arms trading and dictatorships.
India Will Investigate All New Names In HSBC List, Finance Minister Says
India's finance minister said that details on some of the names on the list are already with the country's government.
HSBC Helped Clients Conceal Over $100B In Swiss Accounts, Evade Millions In Taxes: Report
Data leaked by a former employee in 2007 reveal HSBC's Swiss arm helped clients dodge millions of dollars in taxes in their home countries.
HSBC Still Aiding Tax Fraud Even After Justice Department Settlement: Report
Attorney general-designate Loretta Lynch's highest-profile investigation, of HSBC in 2012, did little to change the bank's culture.
India Will Not Pursue Tax Case Against Vodafone
In what could be a positive signal to attract foreign investors, India says it will not pursue a tax-liability case against Vodafone.
Attorney General Nominee Loretta Lynch Omitted HSBC Interview From Senate Questionnaire
In documents she submitted to the Senate, AG nominee Loretta Lynch omitted her controversial decision not to prosecute HSBC.
HSBC, Hong Kong Under Scanner As US Steps Up Investigation Of American Tax Frauds
U.S. authorities have cracked down on American nationals suspected of seeking help from foreign banks to hide overseas assets.
US Prosecutors To Interview London FX Traders: Sources
The authorities have reportedly given banks under investigation until mid-December to turn over related information.
Global Shares Punctured By Two-Pronged China, Europe Slowdown
Data showed factory output contracted in the world's second-biggest economy for the first time in six months.
US Veterans Sue Banks, Alleging Terrorist Connections
It’s the latest case pitting victims of terrorist attacks against financial institutions under the U.S. Anti-terrorism Act.
Regulators Slap Over $3B In Fines On Global Banks For Attempted Rigging Of Forex Markets
The fines were imposed after a year-long investigation into allegations of rigging of forex markets between 2008 and 2013.
UK, US, Swiss Close In On Forex Settlement With Top Banks
It would be the first settlement over allegations of misconduct in the $5.3 trillion-a-day foreign exchange market.
US Regulators To Join UK In Forex Fines For Banks
The UK deal is with six banks that could reach a combined total of roughly 1.5 billion pounds.
HSBC Sets Aside $378M For Forex Probe
The bank also said it had been summoned to appear before French magistrates over its Swiss private bank’s operations.
HSBC Board Member Says Hong Kong Protesters Should Wait For Democracy, Citing Emancipated US Slaves
Laura Cha reportedly said that emancipated slaves in the U.S. waited 107 years for the right to vote, "so why can't Hong Kong wait."
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