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HSBC Swiss unit says has made changes to prevent tax evasion

Last Updated: Monday, February 9, 2015, 14:41

HSBC`s Swiss banking arm, which according to leaked documents helped wealthy customers avoid millions in taxes in the past, insisted Monday it has since undergone a "radical transformation".

Black money: Govt to probe new Indian names in HSBC list, says Jaitley

Last Updated: Monday, February 9, 2015, 12:39

Jaitley said that the tax department has launched 60 prosecutions from an earlier list of Indian account holders in a Swiss branch of HSBC bank.