Topic: Private Banking
Credit Suisse restricts bankers' travel to Germany
Reuters US Online Report Business News
ZURICH (Reuters) - Credit Suisse <CSGN.VX> said it is restricting bankers' travel to Germany after authorities there said they had launched 1,100 tax evasion probes against the bank's clients and were investigating staff on suspicion of aiding evasion. The probe into Switzerland's second-largest bank by ...
Stolen Swiss bank data at HSBC hits 24,000 clients
AFP Global Edition
A Swiss unit of global banking giant HSBC revealed Thursday that details on 24,000 bank customers may have been leaked in a major security breach that has helped fuel pressure on Switzerland over tax evasion. Alexandre Zeller, chief executive of HSBC Private Bank (Switzerland), said 9,000 of them ...
HSBC: data on 24,000 Swiss account holders stolen
AP News
HSBC says data on Swiss bank accounts of 24,000 customers stolen, exposing them to tax probesInformation on 24,000 HSBC customers with Swiss accounts has been stolen, the British bank said Thursday, potentially exposing large numbers of international clients to prosecution by tax authorities in their home countries. A ...
HSBC says Swiss data theft affects 24,000 accounts
Reuters US Online Report Business News
LONDON/GENEVA (Reuters) - HSBC <HSBA.L>, Europe's biggest bank, said a theft of data by a former employee affected up to 24,000 Swiss client accounts, dealing a hefty blow to the reputation of its private bank. Switzerland's financial regulator FINMA was investigating the theft, it ...
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