HSBC’s Stuart Gulliver is embroiled in scandal. HSBC chief executive Stuart Gulliver, who vowed to reform the scandal-hit bank, kept millions of dollars in a Swiss account, the Guardian newspaper reported on Sunday. It is the latest in a stream of so-called “Swissleaks” allegations that have hit the reputation of the British banking giant. German business confidence is coming. The IFO Insititute’s monthly measure of business confidence is releasing February’s number at 9 a.m. GMT (4 a.m. ET). Economists are expecting the business climate to improve again, to the highest level in more than 6 months. Greece’s radical government is …read more
Source: Business Insider
