The investigation—into accusations of tax fraud relating to dividend payments—will be shelved with the payment of the fine.

British-based bank HSBC has agreed to pay a €267.5 million fine to settle French claims over alleged dividend tax fraud, a ...

The case is part of investigations sparked by a massive fraud carried out for years in several European countries, revealed by a consortium of European news outlets in 2018. Several banks were raided ...

HSBC said on Monday that it will recognize a provision of $1.1 billion in its third quarter results. A Luxembourg court denied HSBC's appeal in respect of Herald's securities restitution claim. HSBC ...

FTSE 100 banking giant HSBC has set aside just over a billion pounds following the resolution of an investment fraud case in Luxembourg. HSBC faced a lawsuit from Cayman Islands-based ‘feeder fund’ ...

LONDON, Oct 27 (Reuters) - HSBC Holdings (HSBA.L), opens new tab said on Monday it would book a $1.1 billion provision in its third-quarter results after losing part of an appeal in a long-running ...

HSBC bank on Monday revealed a financial charge of $1.1 billion linked to money sought by a European fund caught up in the late Bernard Madoff's huge investment fraud. The Barron's news department was ...

PARIS, Jan 8 (Reuters) - International bank HSBC (HSBA.L), opens new tab has agreed to pay 267.5 million euros ($312.33 million) to the French treasury to settle an investigation into alleged dividend ...

French authorities said lender HSBC agreed to pay a fine of nearly 268 million euros ($312.9 million) in connection with an investigation into accusations of tax fraud relating to dividend payments.