The Debate

Swissleaks and the banks (part 1)

HSBC's CEO goes into a House of Commons hearing with the law on his side when it comes to the Swiss account he opened for bonus payments. But it's hard times for the world's second-largest bank, with Swissleaks exposing tax evaders and a 17% drop in profits - all countered by claims the UK lender has cleaned up its act since the 2008 financial crisis. So are banks no longer rogue? And what does it all say about Britain, which has been much slower to prosecute tax dodgers than France or Belgium?

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Produced by Cécile Khindria and Harry Darkins

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