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HSBC

Banks must pay £4 billion more in taxes over the next five years

By Matt Scuffham and Steve Slater LONDON (Reuters) – Banks will pay 4 billion pounds more in tax over the next five years under changes announced in the autumn report, Chancellor of the Exchequer George Osborne said on Wednesday. Osborne…

HSBC reports pre-tax profit of $21.6 billion in the first half of 2024

HSBC’s pre-tax profit in the first half of the year was slightly below the same period last year (Daniel LEAL) Banking giant HSBC announced on Wednesday that pre-tax profit in the first half of 2024 was $21.6 billion, slightly below…

HSBC successfully defends itself against £240 million lawsuit over Disney film tax system

HSBC successfully defended itself against a £240 million lawsuit over Disney’s film tax system A lawsuit by investors in a film tax scheme against HSBC for a claim of £240 million has failed because a High Court judge ruled that…