Impact

‘Swiss managers most accountable’ for issues: HSBC
Hamish Boland-Rudder · February 26, 2015

HSBC’s chief and chairman have conceded the Swiss Leaks scandal has caused “horrible reputational damage” during a UK hearing on the issue.

New penalties for bankers aiding tax evasion in UK
Hamish Boland-Rudder · February 24, 2015

Britain mulls new laws against tax evasion, as HSBC chief’s own private Swiss bank account is revealed.

HSBC’s Geneva office raided as Swiss open investigation
Hamish Boland-Rudder, Alison Fitzgerald and Will Fitzgibbon · February 18, 2015

Swiss prosecutor opens an investigation into allegations of “aggravated money-laundering” following ICIJ’s Swiss Leaks revelations.

HSBC apologizes as more government probes begin
Hamish Boland-Rudder and Gerard Ryle · February 17, 2015

The global banking giant HSBC has issued a formal apology via full-page newspaper ads in the UK, but faces more investigations.

Politicians, regulators face questions over HSBC cases
Hamish Boland-Rudder and Will Fitzgibbon · February 13, 2015

The bank will face committee investigations in the UK, and politicians in the US are weighing Loretta Lynch’s attorney general nomination.

HSBC could face prosecution, as Swiss Leaks fallout continues
Will Fitzgibbon, Hamish Boland-Rudder and Cecile S. Gallego · February 11, 2015

Pressure is intensifying in multiple countries, as prosecutors consider charging the bank, and governments face questions.

Investigations promised as officials respond to Swiss Leaks
Will Fitzgibbon · February 9, 2015

Public officials across the globe have condemned the behavior of HSBC, and have called for new investigations, laws, and crackdowns.

Calls for EU LuxLeaks inquiry rejected despite support
Cecile S. Gallego · February 5, 2015

The push for a LuxLeaks inquiry committee has been blocked by the leaders of the European Parliament.

LuxLeaks a ‘game-changer’ for Europe: Finance Minister
Hamish Boland-Rudder · December 22, 2014

Luxembourg gives up its tax rulings fight with the EU, and says the world is now paying attention to the issue.