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 Good for him: HSBC chief kept millions in Swiss account

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RR Phantom

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Good for him: HSBC chief kept millions in Swiss account Vide
PostSubject: Good for him: HSBC chief kept millions in Swiss account   Good for him: HSBC chief kept millions in Swiss account Icon_minitimeTue Feb 24, 2015 1:27 am
HSBC chief executive Stuart Gulliver, who vowed to reform the scandal-hit bank, kept millions of dollars in a Swiss account, the Guardian newspaper reported on Sunday.

Good for him: HSBC chief kept millions in Swiss account 667a1896798aa494fb8bf5d00e4f0046ebe4ff4d_original

It is the latest in a stream of so-called "Swissleaks" allegations that have hit the reputation of the British banking giant and caused a political storm ahead of a general election in May.

The report claims the chief executive was a client of the Swiss private banking arm accused of helping wealthy clients evade tax.

Gulliver held about $7.6 million (6.7 million euros) in 2007 in a Swiss account in the name of Worcester Equities Inc, a Panama-registered company, according to the report.

https://au.finance.yahoo.com/news/hsbc-chief-kept-millions-swiss-133210630.html
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