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February 19, 2015 davedorr

HSBC in Hot Water

We have absolutely no appetite to do business with clients who are evading their taxes or who fail to meet our financial crime compliance standards
Stuart Gulliver, CEO HSBC

Governments around the world are investigating HSBC for its actions in assisting numerous clients evade taxes, launder money, and facilitate numerous crimes. With the deferred prosecution from the U.S. Department of Justice in jeopardy it is likely that HSBC will lose its U.S. banking license.

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Comments (8)

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      Thanks. We use GoDaddy here, you may go straight there, we don’t have an affiliate link. Best.

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    • Fernando Muniz

      Tomas, we sure welcome criticism but I believe you got us wrong. Our blog is educational selecting news that has potential to impact one’s wealth and well being. We do not seek to correct the world, we provide structuring solutions to people wanting to protect themselves and avoiding impacts from what’s happening all over the globe. In any case, we certainly take suggestions on possible subjects that are interesting to explore in that matter.

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Comments are closed.