The Swiss private banking unit of HSBC has apologised to Mukesh Ambani, India’s richest man and the chairman of India’s largest private sector company Reliance Industries. Ambani faced investigations by Indian tax authorities after HSBC mistakenly named him as an account holder with the bank’s private banking unit in Switzerland. The bank has since clarified that neither Ambani, in his…
Have a confidential tip? Get in touch [email protected]