HSBC transfers more data to the US

The Swiss branch of bank HSBC has confirmed it handed further documents to the United States containing the names of staff, details of business trips, internal reports, phone calls and emails in connection with tax evasion investigations

HSBC spokesperson confirmed a report in Tuesday’s edition of the Geneva-based Le Temps newspaper. He added all affected staff had been informed and that no client data had been handed over.

The bank employees, who dealt with wealthy US clients, apparently had no possibility to prevent the transfer.

The spokesman said the bank had reduced the number of business trips to the US to minimise legal risks for its staff.