INTRODUCTION

HEADQUARTER – 8 Canada Square, London , United Kingdom

Type – Public Limited Company
Founded – 3rd March 1865
Group Chairman – Mark Tucker

Area Served – Worldwide

Products - Financial Services

Services – Retail Banking, Corporate Banking, Investment

Banking, Mortgage Loans, Private Banking, Wealth
Management, Credit Cards, Finance & Insurance.
Market Cap – 133.58bn
 FRAUD CASE
 London-based bank HSBC has been approached by tax
authorities in India and several other countries over
cases related to tax evasion and money laundering,
the bank has disclosed

 The Government detected over Rs. 16,200 crore in

black money after investigations on global leaks about
Indians stashing funds abroad.

 The Indian tax authority wants to initiate prosecution

against HSBC Swiss Private Bank and an HSBC