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    HSBC facing probe for ‘abetting’ tax evasion

    Globally, HSBC reported a pre-tax loss of $858 million in 2015 compared with a profit of $1.73 billion in 2014. Photo: AP Mumbai: While declaring its earnings for the year ended December 2015, international lender HSBC Holdings Plc on Monday said it continues to face a tax inquiry in India for allegedly abetting tax evasion. […]