LONDON: HSBC chief executive Stuart Gulliver, who vowed to reform the scandal-hit bank, kept millions of dollars in a Swiss account, the Guardian newspaper reported.
It is the latest in a stream of so-called “Swissleaks” allegations that have hit the reputation of the British banking giant and caused a political storm ahead of a general election in May.
The report claims the chief executive was a client of the Swiss private banking arm accused of helping wealthy clients evade tax.