HSBC Holdings Plc’s Swiss private bank failed to carry out adequate checks on ‘high-risk’ accounts owned by politically-exposed persons designed to prevent money laundering, Switzerland’s ...

The Swiss bank operated by HSBC Holdings PLC is selling more than ... HSBC said it had agreed to sell a private-banking portfolio it manages to Liechtenstein's LGT Group, which is controlled ...

HSBC is embroiled in allegations that it helped thousands of its wealthiest clients evade tax by hiding their assets in its Swiss private bank. Tax avoidance is legal, whereas tax evasion is ...

Several Canadian billionaires held accounts at HSBC’s private bank in Switzerland, a financial institution catering to the very wealthy that was the target of the largest leak of confidential ...

HSBC has named John Shipman as the interim CEO of its Swiss Private Bank and country head of HSBC Switzerland, reported Reuters. Shipman will assume these responsibilities on 1 January 2025.

HSBC's Swiss private bank violated money-laundering regulations by not undertaking necessary checks on high-risk accounts, the country's financial regulator said. The global bank operated two high ...

ZURICH (Reuters) - The Swiss private banking arm of HSBC Holdings Plc (HSBA.L) is not for sale, its head said in a newspaper interview published on Saturday. Asked whether HSBC wanted to sell its ...

has not commented on the Swiss bank account data leak, the UK government is calling for him to give evidence. Considering he was also chairman of HSBC Private Banking Holdings (Suisse) though ...

A former IT employee of Swiss subsidiary HSBC Private Bank (Suisse) SA, identified by French authorities as Herve Falciani, stole the information between late 2006 and early 2007, the bank said.