Alert for HSBC shareholders

HSBC’s shareholders should scrutinize the bank’s compensation plan before they vote on it, the Association of British Insurers said. The group, whose members own about 15 per cent of all British publicly traded companies, issued an ”amber alert” on the plan, which will be voted on at the London-based bank’s annual meeting on May 28. …

U.S. likely to look at HSBC tax cheat data

The revelation that an ex-employee of HSBC Holdings Plc stole tens of thousands of its Swiss accounts is likely to give U.S. tax authorities fresh clues in their pursuit of wealthy tax cheats abroad. “To the extent the HSBC data includes U.S. based taxpayers having interests in HSBC foreign accounts, it is a virtual certainty …