HSBC and Credit Suisse we.re named among the banks that helped set up complex structures that make it hard for tax collectors and investigators to track the flow of money from one place to another Credit Suisse and HSBC, two of the world’s largest wealth managers, dismissed on Tuesday suggestions they were actively using offshore structures to help clients cheat on their taxes.Their comments came a day after a leak of four decades of documents from a Panamanian law firm that specialises in setting up offshore companies showed widespread use of those instruments by global banks on behalf of their …read more
Source: Pulse Nigeria
