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 ...

HSBC Holdings Plc is poised to pay around $300 million to settle a French criminal case into its alleged role in the “Cum-Cum ...

HSBC Holdings PLC HSBC is likely to pay roughly $300 million to resolve its alleged involvement in the French “Cum-Cum” tax ...

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 ...

A looming settlement tied to Cum-Cum trades raises fresh scrutiny over French banking giants and Wall Street players in Paris.

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.

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 ...

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 ...

HSBC is set to strip its executives of part of their bonuses for the role they played in a mis-selling scandal that affected thousands of elderly savers. Britain’s biggest bank is expected to confirm ...