British MPs grill HSBC bosses over tax-dodging scandal
HSBC bosses on Wednesday apologised for "unacceptable" failings at the banking giant`s Swiss division when they were grilled by British MPs over allegations HSBC helped rich clients dodge taxes.
Feb 25, 2015, 23:30 PM ISTSwitzerland flexes parliamentary muscle as scrutiny of HSBC intensifies
The move is an unusual show of parliamentary influence over Swiss financial regulator FINMA, which said that it had taken note of the committee`s decision and would make itself available for inquiries.
Feb 19, 2015, 22:54 PM IST