https://feeds.thelocal.com/ Read the latest news and views from Switzerland in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed Switzerland has been named the best place to live and work overseas in the latest HSBC Expat Explorer report. But there is a catch (or two). https://www.thelocal.ch/20190704/switzerland-named-worlds-best-destination-for-expats-hsbc-quality-of-life-incomes Thu, 04 Jul 2019 12:12:23 +0200 switzerland-named-worlds-best-destination-for-expats-hsbc-quality-of-life-incomes A Spanish court is probing seven former executives of HSBC's private Swiss bank on suspicion of money laundering following an investigation of documents in the Swissleaks scandal on bank-supported tax evasion, legal sources told AFP Thursday. https://www.thelocal.ch/20170505/spain-probes-swiss-banking-executives-over-alleged-money-laundering Fri, 05 May 2017 10:28:37 +0200 spain-probes-swiss-banking-executives-over-alleged-money-laundering Expats in Switzerland have the best earning prospects in the world but among the worst social lives, according to a new survey commissioned by global bank HSBC. https://www.thelocal.ch/20160921/survey-expats-in-switzerland-exchange-friends-for-money Wed, 21 Sep 2016 11:07:18 +0200 survey-expats-in-switzerland-exchange-friends-for-money The Paris appeals court on Monday confirmed charges against British banking giant HSBC Holdings PLC as part of a tax fraud probe involving its Swiss unit, sources close to the case told AFP. https://www.thelocal.ch/20160201/paris-court-confirms-tax-fraud-charges-against-hsbc Mon, 01 Feb 2016 21:54:35 +0100 paris-court-confirms-tax-fraud-charges-against-hsbc Hervé Falciani, the former HSBC employee whose disclosures uncorked the "Swissleaks" scandal on bank-supported tax evasion, has been sentenced in absentia in Switzerland to five years in prison. https://www.thelocal.ch/20151129/hsbc-data-leaker-jailed-in-absentia-by-swiss-court Sun, 29 Nov 2015 15:38:34 +0100 hsbc-data-leaker-jailed-in-absentia-by-swiss-court A former HSBC employee who leaked documents alleging the bank helped clients evade millions of dollars in taxes failed again to show up for his Swiss trial Monday, which opened in his absence. https://www.thelocal.ch/20151102/trial-of-hsbc-data-leaker-starts-in-his-absence Mon, 02 Nov 2015 13:08:11 +0100 trial-of-hsbc-data-leaker-starts-in-his-absence A former HSBC employee who leaked documents alleging the bank helped clients evade millions of dollars in taxes said on Wednesday that he would not attend his trial in Switzerland because he would not get a fair hearing. https://www.thelocal.ch/20151028/hsbc-data-leaker-thumbs-nose-at-swiss-court Wed, 28 Oct 2015 17:53:11 +0100 hsbc-data-leaker-thumbs-nose-at-swiss-court Mention expats and many minds are drawn to stereotypes of workers sent abroad for three years to live in a compound and sip gin. But today’s mobile professionals aren't posted overseas – they just get up and go, writes The Local's Managing Editor James Savage. https://www.thelocal.ch/20151026/the-end-of-the-expat-europes-cities-fight-for-inpats Mon, 26 Oct 2015 12:37:00 +0100 the-end-of-the-expat-europes-cities-fight-for-inpats A trial in Switzerland has been adjourned against Hervé Falciani, the former IT worker from the HSBC Private Bank in Geneva who leaked data about thousands of suspected tax evaders. https://www.thelocal.ch/20151012/court-case-adjourned-against-bank-data-thief-falciani Mon, 12 Oct 2015 12:51:00 +0200 court-case-adjourned-against-bank-data-thief-falciani Expats in Switzerland have the worst social life of 39 global expat destinations, according to a survey commissioned by banking giant HSBC. https://www.thelocal.ch/20150924/expats-in-switzerland-have-worst-social-life Thu, 24 Sep 2015 13:27:28 +0200 expats-in-switzerland-have-worst-social-life Swiss prosecutors on Thursday closed an investigation into allegations British banking giant HSBC's Geneva branch helped clients evade millions of dollars in taxes, after the bank agreed to pay tens of millions in compensation. https://www.thelocal.ch/20150604/hsbc-pays-penalty-to-avoid-swiss-prosecution Thu, 04 Jun 2015 18:01:59 +0200 hsbc-pays-penalty-to-avoid-swiss-prosecution Scandal-hit global bank HSBC on Tuesday posted rising quarterly profits, but added regulators have requested more information about its controversial Geneva-based private bank. https://www.thelocal.ch/20150505/swiss-branch-issues-cloud-positive-hsbc-results Tue, 05 May 2015 20:37:49 +0200 swiss-branch-issues-cloud-positive-hsbc-results A Paris court on Monday sentenced Nina Ricci's heiress to a year in prison and handed her a million-euro fine for tax fraud involving a Geneva bank, in the first ruling against a famous figure in the SwissLeaks scandal. https://www.thelocal.ch/20150414/nina-ricci-heiress-jailed-in-case-tied-to-swiss-bank Tue, 14 Apr 2015 09:59:25 +0200 nina-ricci-heiress-jailed-in-case-tied-to-swiss-bank British banking giant HSBC says it is facing a French criminal probe over its Swiss private banking arm, weeks after "SwissLeaks" allegations it had helped clients hide billions from the taxman. https://www.thelocal.ch/20150409/hsbc-swiss-unit-faces-french-tax-dodge-probe Thu, 09 Apr 2015 20:34:44 +0200 hsbc-swiss-unit-faces-french-tax-dodge-probe The prospect of HSBC’s Swiss Private Bank facing a criminal trial in France over an alleged tax-dodging scheme became more of a reality on Friday after the state prosecutor advised magistrates to proceed. https://www.thelocal.ch/20150313/france-told-to-put-hsbc-private-bank-on-trial Fri, 13 Mar 2015 15:38:22 +0100 france-told-to-put-hsbc-private-bank-on-trial The head of Argentina's tax authority demanded Monday that HSBC bring back $3.5 billion (€3.2 billion) in assets claiming the Swiss branch of the London-based bank helped Argentinian clients move offshore to dodge tax. https://www.thelocal.ch/20150309/argentina-seeks-billions-from-hsbc-over-tax-dodging Mon, 09 Mar 2015 16:57:00 +0100 argentina-seeks-billions-from-hsbc-over-tax-dodging HSBC's boss on Monday fended off criticism about receiving his bonuses through a Swiss bank account held by a Panamanian-registered company, as the banking giant reported a 15-percent drop in annual net profits. https://www.thelocal.ch/20150223/hsbc-boss-defends-swiss-account-as-profits-slip Mon, 23 Feb 2015 17:03:00 +0100 hsbc-boss-defends-swiss-account-as-profits-slip Investigators launched a search of British banking giant HSBC's Geneva offices on Wednesday as part of a money laundering probe following allegations the bank helped clients evade millions of dollars in taxes, Swiss prosecutors said. https://www.thelocal.ch/20150218/hsbc-geneva-searched-in-global-tax-evasion-probe Wed, 18 Feb 2015 11:41:52 +0100 hsbc-geneva-searched-in-global-tax-evasion-probe HSBC's former chief executive and chairman, Stephen Green, the man at the centre of the SwissLeaks tax scandal in Britain, on Saturday stepped down from his role at finance lobby group TheCityUK. https://www.thelocal.ch/20150215/tax-scandal-ex-hsbc-chief-quits-lobby-role Sun, 15 Feb 2015 10:29:00 +0100 tax-scandal-ex-hsbc-chief-quits-lobby-role British opposition leader Ed Miliband went on the offensive on Wednesday over an international scandal involving London-based HSBC and its Swiss banking arm, accusing Prime Minister David Cameron of being soft on tax avoidance. https://www.thelocal.ch/20150211/uk-opposition-smells-election-blood-over-hsbc Wed, 11 Feb 2015 23:06:00 +0100 uk-opposition-smells-election-blood-over-hsbc