LONDON (Reuters) - HSBC reported a 17 percent fall in annual pretax profit and cut its profitability target, saying allegations its Swiss business had helped customers to dodge taxes had brought shame ...

Argentina's tax chief said Monday that the country demands HSBC Holding PLC to repatriate 3.5 billion U.S. dollars as the bank's Argentine branch moved offshore to help clients evade taxes and move ...

HSBC Holdings Plc is poised to pay around $300 million to settle a French criminal case into its alleged role in the “Cum-Cum” tax scandal that’s embroiled some of the biggest banks in the country, ...

This article first appeared on GuruFocus. HSBC (NYSE:HSBC) is moving toward a settlement that could reach roughly $300 million to resolve a French criminal investigation tied to Cum-Cum dividend ...

A Senate committee has found that lax oversight at one of the world's biggest banks allowed terrorists and drug cartels to launder billions of dollars of illegal funds through its U.S. branches.

HSBC Bank will further shrink its presence in Western New York by laying off 77 employees here and shifting its money-laundering prevention unit from Buffalo to New York City and Delaware. Jonathan ...

Robert Sherman, an HSBC spokesman, said the bank is cooperating in the Justice Department's foreign exchange investigation. A senior HSBC Holdings Plc manager has been arrested and charged alongside a ...