IPFS News Link • TAXES: Federal
HSBC clients scrutinized in U.S. tax evasion probe
• ReutersThe Department of
Justice has opened a criminal investigation into whether some HSBC
Holdings Plc clients may have failed to disclose offshore accounts,
lawyers familiar with the probe said on Tuesday.
"The IRS had scored a very important victory against UBS, and is using that victory as leverage against other banks,"
