HSBC Holdings PLC (HSBA.L)
17 Nov 2017
ZURICH HSBC Holdings has agreed to pay 300 million euros ($353 million) to settle a long-running investigation into tax evasion by French citizens via its private bank in Switzerland, the lender said on Tuesday.
* First settlement under new French legal framework (Adds detail, background)
PARIS, Nov 14 HSBC's decision to pay 300 million euros ($352.5 million) to settle an investigation into tax dodging by French citizens will end proceedings against the bank provided it does make that payment, the French financial prosecutor's office said on Tuesday.
ZURICH, Nov 14 HSBC Holdings has agreed to pay 300 million euros ($352.6 million) to settle a long-running investigation into tax dodging by French citizens via its private bank in Switzerland, the lender said on Tuesday.
LONDON, Nov 10 HSBC has closed some accounts for companies associated with South Africa's Gupta brothers as it investigates its own possible ties to the business friends of President Jacob Zuma who have been accused of corruption by politicians in the country.
TORONTO HSBC Holdings' Canadian chief said on Tuesday she is concerned about talks to rework the North American Free Trade Agreement and preparing for how the bank will deal with possible outcomes.
LONDON HSBC has pledged to provide $100 billion in financing and investment by 2025 to help combat climate change, the bank said on Monday.
LONDON, Nov 6 HSBC has pledged to provide $100 billion in financing and investment by 2025 to help combat climate change, the bank said on Monday.
* HSBC HOLDINGS PLC - HSBC PLEDGES TO PROVIDE $100 BILLION IN SUSTAINABLE FINANCING AND INVESTMENT BY 2025 Source text for Eikon: Further company coverage:
* Says signed definitive agreements for acquisition of HFC-125 assets from Mexichem UK