Banks caught in 'Panama Papers' tax row

ReutersNewsPublished: April 5, 201628 views
Published: April 5, 2016

Credit Suisse and HSBC, two of the world's largest wealth managers, have dismissed suggestions they were actively using offshore structures to help clients cheat on their taxes. As Sara Hemrajani reports, their comments came a day after a leak from a Panamanian law firm showed widespread use of those instruments by global banks on behalf of their clients.

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