Thursday 21 June 2018
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themalaymailonline
7 months ago

HSBC to pay €300m to avoid French tax fraud trial

PARIS, Nov 14 — HSBC Private Bank, a Swiss unit of banking giant HSBC, has agreed to pay €300 million (approx. RM1.48 billion) to avoid going to trial in France for enabling tax fraud, prosecutors said today. HSBC was accused last year of...

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