A Swiss prosecutor said on Wednesday it is ordering a search of HSBC Holdings in Geneva and opening an inquiry into allegations of aggravated money-laundering.
"A search is currently underway in the premises of the bank, led by Attorney General Olivier Jornot and the prosecutor Yves Bertossa," Geneva's prosecutor said in a statement.
"A search is currently underway in the premises of the bank, led by Attorney General Olivier Jornot and the prosecutor Yves Bertossa," Geneva's prosecutor said in a statement.
Getty Images
A spokesman for HSBC in Geneva declined to comment.
Earlier this week, Europe's largest bank apologised to customers and investors on Sunday for past practices at its Swiss private bank after allegations that it helped hundreds of clients to dodge taxes.
Earlier this week, Europe's largest bank apologised to customers and investors on Sunday for past practices at its Swiss private bank after allegations that it helped hundreds of clients to dodge taxes.
No comments:
Post a Comment