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Financial impact of global probe could be significant: HSBC

Indian authorities told HSBC last year that they had sufficient evidence to prosecute HSBC Swiss Private Bank, and its Dubai entity, for “abetting tax evasion” by four Indian individuals and families, Europe’s largest bank disclosed on Monday as it reported its annual results for 2015. The bank, which is facing…

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Click here to read the full story: The Hindu Business Line

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