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Market Closed -
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5-day change | 1st Jan Change | ||
| 661.9 GBX | -0.26% |
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+2.68% | +4.15% |
| Apr. 24 | HSBC Holdings Buys Back 2.5 Million Shares, Concludes Repurchase Program | MT |
| Apr. 23 | HSBC Accelerates Wealth Management Strategy in U.S. with Opening of Wealth Center At Hudson Yards | CI |
PARIS (Reuters) - HSBC's decision to pay 300 million euros (£269 million) to settle an investigation into tax dodging by French citizens will end proceedings against the bank provided it does make that payment, the French financial prosecutor's office said on Tuesday.
The financial prosecutor added in a statement that the settlement was the first of its kind under a new French legal framework.
It also said that two former directors of HSBC's Swiss private bank remained subject to possible legal action.
Earlier on Tuesday, HSBC said it would make the payment to settle the long-running probe into tax dodging by French citizens via its private bank in Switzerland.
(Reporting by Sudip Kar-Gupta; Editing by Ingrid Melander)
| 1st Jan change | Capi. | |
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| +4.15% | 153B | |
| +12.65% | 301B | |
| +9.16% | 249B | |
| +21.97% | 212B | |
| +17.11% | 172B | |
| +7.31% | 161B | |
| -11.61% | 138B | |
| -0.37% | 137B | |
| +2.86% | 125B | |
| +28.06% | 120B |
HSBC HOLDINGS PLC 
