Tue, 14th Jul 2015 15:11
LONDON, July 14 (Reuters) - HSBC should have donemore due diligence before its purchase of the Swiss privatebanking business that allegedly allowed customers to dodgetaxes, its former Chairman Stephen Green said.
"With the benefit of hindsight, it would have been betterto have drilled into the detail much earlier. We didn't geteverything right," Green told the House of Lords EconomicAffairs Committee on Wednesday. (Reporting by Matt Scuffham, editing by Sinead Cruise)
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