Britain-based HSBC bank has agreed to pay a fine of 267.5 million euros to settle French legal cases related to suspicions of tax fraud on dividend distributions. A France Press correspondent reported this on Thursday. This settlement is part of a wide-ranging investigation targeting several major banks.
HSBC Agrees to Pay Large Fine in France
Britain-based HSBC bank has agreed to pay a fine of 267.5 million euros to settle French legal cases related to suspicions of tax fraud on dividend distributions. This settlement is part of a wide-ranging investigation targeting several major banks.