Tuesday, February 10, 2015
US government faces pressure after biggest leak in banking history | News | The Guardian
On top of that, the U.S. government seems to have taken no action for 5 years...
Paul Lewis has the story at theGuardian.com:
"The US government will come under intense pressure this week to explain what action it took after receiving a massive cache of leaked data that revealed how the Swiss banking arm of HSBC, the world’s second-largest bank, helped wealthy customers conceal billions of dollars of assets.
The leaked files, which reveal how HSBC advised some clients on how to circumvent domestic tax authorities, were obtained through an international collaboration of news outlets, including the Guardian, the French daily Le Monde, CBS 60 Minutes and the Washington-based International Consortium of Investigative Journalists.
The files reveal how HSBC’s Swiss private bank colluded with some clients to conceal undeclared 'black' accounts from domestic tax authorities across the world and provided services to international criminals and other high-risk individuals."