Wednesday, December 11, 2019

The Rev Lord Stephen Green’s $192 million legacy for HSBC

The FT has reported this morning that: HSBC’s private bank will pay $192m in penalties and admit to helping US customers hide more than $1bn in assets from tax authorities as part of a deferred prosecution agreement with the US Department of Justice. The agreement, announced on Tuesday, effectively ends a multiyear investigation of the […]

source https://thebtrader.com/2019/12/11/the-rev-lord-stephen-greens-192-million-legacy-for-hsbc/?utm_source=rss&utm_medium=rss&utm_campaign=the-rev-lord-stephen-greens-192-million-legacy-for-hsbc

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