Nine years after HSBC’s former employee Hervé Falciani was arrested at Geneva airport for committing what was widely considered to be the most portentous client data theft incident in banking history, HSBC told markets on Tuesday that the wave of global investigations it has been riding has yet to fizzle out. Based on information currently available, HSBC said on Tuesday…
Nine years after Swiss tax revelations, HSBC still expects US$1.5b in penalties
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