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KM Financial Solutions | HSBC Swiss unit to pay $192 mln to settle U.S. tax investigation
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HSBC Swiss unit to pay $192 mln to settle U.S. tax investigation

09 Dec HSBC Swiss unit to pay $192 mln to settle U.S. tax investigation

Posted at 20:44h in News by
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The Swiss private banking unit of HSBC
Holdings Plc will pay $192.4 million in penalties to
settle a U.S. Department of Justice investigation into the bank
helping its U.S. clients conceal assets abroad and evade taxes,
the agency said on Tuesday.

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