US Justice Department said today that Switzerland's HSBC had "conspired with US account holders to conceal assets abroad and evade taxes" and had agreed to pay $192.

US government fines HSBC $192.4 million in tax evasion case

The banking giant also said offshore accounts of four Indians and their families were being probed by Indian tax authorities

HSBC reveals it is being probed for helping clients dodge taxes

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hsbc tax-evasion

US government fines HSBC $192.4 million in tax evasion case

HSBC reveals it is being probed for helping clients dodge taxes