Hitendra Dave, CEO of HSBC India, believes inflation is likely to undershoot RBI projections. However, for the RBI to take ...

One more reason China agreed to the talks was to avert a potential ripple effect on the entire global economy. In late April, ...

HSBC) on Monday cut 110 staff in Switzerland and is scaling down its office space in Geneva, the Financial Times reported. HSBC's Swiss bank saw net outflows of $1B from wealthy clients last year ...

India has obtained data of over 700 HSBC accounts from the French government. In 80 cases till now, the department has detected undisclosed income of Rs 438 crore and taxes of Rs 135 crore have ...

After four months of inquiries Geneva authorities closed their investigation last month after HSBC agreed to pay the fine. Leaked files this year sparked allegations HSBC's private bank may have ...

"They are not out to get the pound of flesh," he said. Swiss prosecutors on Thursday closed an investigation into allegations HSBC's Geneva branch helped clients evade millions of dollars in taxes, ...

The settlement means the Swiss will not prosecute HSBC. But Geneva Attorney General Olivier Jornot said the bank was on notice, adding: "This is an excuse which will only apply once." HSBC said ...

Swiss prosecutors on Thursday closed an investigation into allegations British banking giant HSBC's Geneva branch helped clients evade millions of dollars in taxes, after the bank agreed to pay ...

On February 17, Geneva’s public prosecutor carried out a dramatic raid of HSBC’s lakeside Swiss office and initiated proceedings for suspected money laundering. This followed numerous ...

ZURICH/GENEVA (Reuters) - HSBC agreed on Thursday to pay Geneva authorities 40 million Swiss francs ($43 million) to settle a money laundering investigation at its Swiss private bank, one of a ...

The Geneva public prosecutor’s office raided HSBC’s offices in February as part of a probe into “aggravated money laundering” at the bank’s Swiss unit, HSBC Private Bank (Suisse ...