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Hsbc Bank Usa

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HSBC bank under US taxman's scanner

The US Internal Revenue Service (IRS) has asked HSBC Bank to provide information on incomes of US residents who may be using accounts in India to evade income taxes. The move has raised several......

Tax evasion case: HSBC may face 'significant' penalty

Global banking major HSBC has said it may face "significant" penalties from the US authorities with regard to an ongoing probe into suspected tax evasion by the US-based clients of its Indian unit,......

HSBC gets summons from Indian Tax Dept; fears significant fines

This case relates to some NRIs facing investigation in the US for alleged violation of the American tax laws. Facing a multi-nation probe for ‘alleged tax evasion, money laundering and......

Resolving US probes uncertain, says HSBC

HSBC is co-operating with American authorities on providing information related to US-based clients of a group company in India, amid the US cracking down on offshore tax evasion.However, HSBC has......

WGC taps SEC to float 'gold shares'

World Gold Trust Services, LLC, wholly owned subsidiary of World Gold Council has proposed to offer securities of the Equity Gold Trust, an investment trust that will hold gold bullion and will......

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