HSBC's Swiss unit faces formal French probe over ex-Lebanon bank chief
By Martin Coyle ( June 4, 2026, 20:16 GMT | Insight) -- HSBC’s private banking unit in Switzerland faces preliminary charges brought by French prosecutors over its links to the sanctioned former head of Lebanon’s central bank. The claims relate to the alleged embezzlement of $300 million through the Swiss bank by the former governor, Riad Salameh. The lender said it was co-operating in the case.HSBC’s private banking unit in Switzerland faces preliminary charges brought by French prosecutors over its links to the sanctioned former head of Lebanon’s central bank....
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