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HSBC’s Swiss Tax Files Come Back to Haunt CEO Gulliver

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Secret Files Show HSBC Helped Clients Dodge Tax

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Fresh details showing how HSBC Holdings Plc helped wealthy clients avoid taxes have come to haunt Chief Executive Officer Stuart Gulliver.

It’s about eight years since computer technician Herve Falciani took five disks of confidential information from Europe’s largest bank, sparking investigations worldwide. A report from the Washington-based International Consortium of Investigative Journalists on Sunday revealed the depth of HSBC’s handling of secret accounts for an array of criminals.