Page 653 


HSBC denies director quit over jail threat

HSBC branch

Two directors of HSBC's British business have expressed concerns about new rules that can result in jail sentences for senior bankers, but only one has resigned, and that was mainly due to extra demands on his time, the bank said.



Tax & Business Calculator

C Suisse said in Italian tax probe

Credit Suisse is under investigation in Italy in connection with a case looking into allegations that the bank helped wealthy clients transfer undeclared funds offshore, Italian judicial sources said on Wednesday.