Pierre Moscovici, EU economic affairs commissioner: will set out plans next week to curb practices such as   shifting profits to minor subsidiaries in low-tax nations. Photograph: Simon Dawson/Bloomberg

Multinational companies face severe constraints on their ability to avoid taxes on their activities in Europe as regulators seek to close loopholes la(...)

HSBC Holdings said it was told by French magistrates that it would be subject to a formal criminal investigation in relation to the conduct of its Swiss private bank in 2006 and 2007

HSBC Holdings has been placed under criminal investigation by French authorities and made to post €1 billion bail over allegations that its Swiss priv(...)

The  audio recording is taken from a  a confidential meeting held in the last three months Photograph: AFP/Getty

A senior HSBC executive has privately admitted that the bank is “cast-iron certain” to have another major regulatory breach in the future, and is stru(...)

Documents show HSBC’s Swiss branch held almost $45 million for 88 people with Irish addresses.. Photograph: Joshua Roberts/Bloomberg News

The Dáil’s Committee of Public Accounts wants to question British bank HSBC about reports that it aided wealthy Irish citizens evade tax, according to(...)

Commissioner Niall Cody.Photograph: Eric Luke / The Irish Times

Switzerland refused a request for assistance to help bring prosecutions here on the basis of the leaked HSBC Geneva banking files, according to the Ir(...)

HSBC chief executive Stuart Gulliver said in the newspaper advert apologies:“We must show we understand that the societies we serve expect more from us.”  Photograph: Jerome Favre/Bloomberg

The public apology from HSBC carried in newspaper advertisements last Sunday looks a bit different now that it has been reported that the global bank (...)

Shire  “trying to do the right thing” by running the pharmaceuticals company as efficiently as possible, says chief executive Flemming Ornskov

Shire’s chief executive has defended the company’s tax arrangements after being identified as one of the beneficiaries of alleged “industrial scale” (...)

HSBC:  more of a painful than a pleasurable week for the bank.  Photographs: REUTERS/

A picture of a skyscraper-heeled stiletto with the word “pleasure” typed over it, next to an image of a red chili pepper branded with the word “pain”.(...)

A girl holds a gun in a truck just prior to a rebel attack in July 2003 outside Monrovia in Liberia. The UN believes arms dealers used HSBC accounts. Photograph: Chris Hondros/Getty

It was a scene of incredible carnage. In July 2003, a recently re-armed rebel group, Liberians United for Reconciliation and Democracy, resumed its tw(...)

The amount of money linked to Ireland in the leaked HSBC files is inflated by the International Financial Services Centre in Dublin. Photograph: Bryan O’Brien

The amount of money linked to Ireland in the leaked HSBC files is inflated by the International Financial Services Centre (IFSC) in Dublin, and the(...)