Category: HSH Nordbank

Commerzbank / Germany / HSH Nordbank / Hypovereinsbank / Luxembourg / Panama / Tax evasion investigations

Commerzbank agrees with prosecutors on fine for tax evasion -report

Posted On: October 14, 2015

Oct 14 Germany’s Commerzbank has agreed with Cologne prosecutors to pay 17 million euros ($19.49 million) of fines for tax evasion, Sueddeutsche Zeitung reported on Wednesday, without citing the source of the information. Germany’s second biggest bank by market value is the country’s third lender after Hypovereinsbank and HSH Nordbank… – Continue reading

Commerzbank / Germany / HSH Nordbank / Hypovereinsbank / Luxembourg / Offshore Companies / Panama / Tax evasion investigations

Bank pays €22 mn for Luxembourg tax evasion activities

Posted On: August 19, 2015

(CS) German financial institution HSH Nordbank reportedly reached a 22-million-euro settlement with prosecutors in Cologne over setting up offshore companies through Luxembourg to hide client assets from tax authorities. Newspaper “Süddeutsche Zeitung” and broadcasters NDR and WDR first reported on the deal on Tuesday. Allegedly, HSH Nordbank approached the prosecutor’s… – Continue reading

Follow:

Trending Now

Top 10 Sources