Will Osborne back down over HSBC’s bank levy concerns?
The timing of today’s HSBC announcement couldn’t be any more convenient – and there are signs that George Osborne may respond in a way that will please the bank.
The timing of today’s HSBC announcement couldn’t be any more convenient – and there are signs that George Osborne may respond in a way that will please the bank.
The creep of banking regulation, combined with a potential Brexit, has created the image that Britain is not the best place to do business for the likes of HSBC.
He’s ordained, he’s a former HSBC boss, and he’s the man public accounts chairman Margaret Hodge wants to question over those Swiss accounts. I caught up with him yesterday – where else? – in a church.
HSBC’s two bosses, Stuart Gulliver and Douglas Flint, are about to be appear in front of the Treasury select committee. But what of former chairman Lord Stephen Green?
Professor Plum, Colonel Mustard, Mrs White and the Reverend Green. Why do I awaken this sunless morn to thoughts of Cluedo?
The boss of HMRC Lin Homer faces a grilling in front of the Public Accounts Committee later today. If Channel 4 News had a seat at the table here’s 10 things we’d love to ask her.
There were more questions posed than answers given today in connection with HSBC. Why, for example, did HMRC not tell anyone it received a file with allegations against the bank in 2010?
The Trade Minister Lord (Stephen) Green was today refusing to answer questions about what he knew about the large-scale money laundering at HSBC exposed yesterday by the US Senate Investigations Committee in a damning report.
Faisal Islam assesses what the true cost will be if major banking institutions start to flee UK shores.