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HSBC’s Geneva bank ‘no longer a place to hide untaxed assets’

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HSBC’s Geneva private bank is no longer a place where wealthy people go to hide untaxed assets, according to Franco Morra, chief executive officer for HSBC in Switzerland. “Today, a new client in the first meeting will tell you he is tax compliant and even bring the files with him,”…

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Click here to read the full story: Irish Times

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