HSBC files
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Investigation into suspected ‘aggravated money laundering’ comes after Belgium and France begin scrutinising tax affairs of Europe’s biggest bank -
Ed Balls asks George Osborne whether selective prosecutions by HMRC were approved by the Treasury
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Ex-chief political commentator launches blistering attack on paper, saying it put bank’s interests before readers to save ad contract -
City regulator says leak of bank account details reinforces importance of firms operating with the right culture across all of their operations -
Labour accuses chancellor of ‘political evasion’ as 2003 video surfaces of then backbencher advising TV viewers to use ‘clever financial products’ to avoid tax
Reaction
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New poll in the wake of HSBC revelations finds 52% of voters want less mercy shown to rich avoiding their dues -
‘Put on tin hat and move to state funds,’ PM told as ex-chancellor raises pressure in wake of HSBC row -
The double standards of a system far harsher on benefit cheats than on tax evader -
Stuart Gulliver addresses ‘painful’ allegations against Swiss subsidiary and stresses efforts since made to ‘put things right’
Explainers
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Repercussions of biggest leak of confidential banking data ever ripple around the world as governments pledge to pursue alleged tax evaders and former HSBC executives and tax officials face intense scrutiny -
Following the publication of files leaked by IT expert turned whistleblower Hervé Falciani, the global bank has admitted wrongdoing at Swiss arm but insists things have changed
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Scores of clients of lucrative operation are already under criminal investigation amid claims of their involvement in drug smuggling, frauds and terror financing -
The legislation made it a criminal offence to disclose the identity of clients and a breach is punishable by three years in jail
Opinion & letters
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Given its huge expansion drive, the bank may have benefited from an independent, non-executive chairman to ask the awkward questions
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Knowing how to handle wrongdoing and say sorry is crucial to regaining public trust, says J o Confino -
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HMRC Tax officials call for more resources and better pay after HSBC scandal