HSBC

HSBC

HSBC could lose its American banking licence: ‘World’s local bank’ faces fearsome US probe over Panama link

Two crusading US senators are urging an American crackdown on HSBC and other banks at the heart of the Panama Papers tax avoidance scandal. Senate banking committee members Sherrod Brown and Elizabeth Warren have written to US Treasury Secretary Jack Lew to ‘strongly urge’ ...Read More

Misbehaving U.S. banks have now paid $200bn+ in fines

U.S. banks have crossed a significant post-financial crisis milestone, tallying more $200 billion in fines paid out regarding questionable behavior. Regulators have been out for blood against banks for conduct both before the crisis and since. Public outrage has focused on Wall Street institutions ...Read More
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