HSBC (HBC) is the target of yet another probe into its corporate controls, with the Daily...

|About: HSBC Holdings PLC (HSBC)|By:, SA News Editor

HSBC (HBC) is the target of yet another probe into its corporate controls, with the Daily Telegraph reporting that the U.K.'s HM Revenue & Customs is investigating the bank's offshore accounts in the English Channel island of Jersey held by thousands of British and other citizens. These include a drug dealer, a gun runner, three bankers facing fraud allegations, and suspected tax evaders.