• Home
    • Articles
    • HSBC agrees to pay $192M & admits tax fraud after being criminally charged by US

    HSBC agrees to pay $192M & admits tax fraud after being criminally charged by US

    mm

    Switzerland-based HSBC Private Bank (Suisse) SA has agreed to pay $192 million and cooperate with tax investigations under a deferred prosecution agreement with the USA after being criminally charged with conspiracy to commit tax fraud.