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09/11/2012
HSBC Launches Jersey Money Laundering Probe
HSBC has issued a statement after the Daily Telegraph newspaper said it was at the centre of a major investigation by HM Revenue and Customs (HMRC).
The bank says it is exploring allegations that criminals have used offshore accounts at its Jersey operation for money laundering.
The statement from HSBC said: "We are investigating the reports of an alleged loss of certain client data in Jersey as a matter of urgency.
"We have not been notified of any investigation in relation to this matter by HMRC or any other authority but, should we receive notification, we will cooperate fully with the authorities.
"HSBC remains fully committed to adoption of the highest global standards including the procedures for the acceptance of clients."
(GK/IT)
The bank says it is exploring allegations that criminals have used offshore accounts at its Jersey operation for money laundering.
The statement from HSBC said: "We are investigating the reports of an alleged loss of certain client data in Jersey as a matter of urgency.
"We have not been notified of any investigation in relation to this matter by HMRC or any other authority but, should we receive notification, we will cooperate fully with the authorities.
"HSBC remains fully committed to adoption of the highest global standards including the procedures for the acceptance of clients."
(GK/IT)
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11 April 2013
Post Office To Launch Current Account
Following a regulator’s claim that consumers are not offered much choice in the UK’s banking market, the Post Office has announced it will launch its own current account. The new account will be provided by Bank of Ireland and is expected to be fully launched in 2014, although some areas will be offered the account within a few weeks.
Post Office To Launch Current Account
Following a regulator’s claim that consumers are not offered much choice in the UK’s banking market, the Post Office has announced it will launch its own current account. The new account will be provided by Bank of Ireland and is expected to be fully launched in 2014, although some areas will be offered the account within a few weeks.
12 November 2014
Banks Fined For Manipulating Exchange Rates
The Royal Bank of Scotland and HSBC are among five banks collectively fined £2 billion for attempted manipulation of foreign exchange rates. The Financial Conduct Authority (FCA) has worked alongside the US Commodity Futures Trading Commission (CFTC) to fine RBS and HSBC, along with JP Morgan Chase and Citibank in the US.
Banks Fined For Manipulating Exchange Rates
The Royal Bank of Scotland and HSBC are among five banks collectively fined £2 billion for attempted manipulation of foreign exchange rates. The Financial Conduct Authority (FCA) has worked alongside the US Commodity Futures Trading Commission (CFTC) to fine RBS and HSBC, along with JP Morgan Chase and Citibank in the US.
27 May 2005
HSBC staff take strike action over pay
Amicus trade union expects widespread disruption across HSBC services as thousands of staff take part in a 24-hour strike over pay.
HSBC staff take strike action over pay
Amicus trade union expects widespread disruption across HSBC services as thousands of staff take part in a 24-hour strike over pay.
12 May 2005
HSBC staff vote in favour of strike action
Workers at leading bank, HSBC, have voted in favour of strike action over a pay dispute. Trade union Amicus have warned that if the strike goes ahead, it will take place on May 27, the same day that the bank holds its annual general meeting.
HSBC staff vote in favour of strike action
Workers at leading bank, HSBC, have voted in favour of strike action over a pay dispute. Trade union Amicus have warned that if the strike goes ahead, it will take place on May 27, the same day that the bank holds its annual general meeting.
24 June 2008
Man And Woman Arrested In Jersey Case
A man and woman have been arrested in Jersey by detectives involved in the Historical Abuse Enquiry. The Jersey police have said that a 70-year-old man and a 69-year-old man are currently in custody "in connection with a number of alleged grave and criminal assaults on children within the Jersey Care system in the 1960's and 1970's".
Man And Woman Arrested In Jersey Case
A man and woman have been arrested in Jersey by detectives involved in the Historical Abuse Enquiry. The Jersey police have said that a 70-year-old man and a 69-year-old man are currently in custody "in connection with a number of alleged grave and criminal assaults on children within the Jersey Care system in the 1960's and 1970's".
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Northern Ireland WeatherThis Evening and Tonight:Cloudy this evening with occasional drizzle. The rest of the night will remain cloudy with the chance of a little drizzle but many places dry. Mild. Minimum temperature 9 °C.
