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Panama Papers: HSBC chief says only 5% offshore accounts still active

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Of the 2,000 plus offshore accounts that HSBC was alleged to have been associated with, as per the Panama Papers leak, only 5% were still active, HSBC chairman Douglas Flint has said. Speaking at the bank's annual general meeting, he said the leaks indicated the need for banks to keep…

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Click here to read the full story: International Business Times

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