Monday 9 March 2015

NDM Post 56

HSBC bosses and BBC Trust chief face MPs over tax revelations

HSBC chiefs will face a grilling by MPs on tax arrangements at the bank's Swiss arm.

Two senior HSBC executives and the chair of the BBC Trust will be questioned by MPs on Monday about their role at the ban. Stuart Gulliver, the bank’s chief executive, and Chris Meares, the former head of global private banking, are due to appear before the public accounts committee at 3.15pm on Monday. Rona Fairhead the chair of bbc trust fund and HSBC non-executive director since 2004, will also be questioned by MPs.

Fairhead will come under scrutiny for her role on the HSBC board, a part-time job for which she was paid £513,000 in 2014, a 144% rise on the previous year.

at Her Majesty’s Revenue and Customs (HMRC), the body charged with leading the UK investigation into the files containing a list of 6,000 names.

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