HSBC faces second grilling by UK lawmakers over Swiss tax scandal

Reuters
A HSBC logo is pictured at a Swiss branch of the bank in Geneva February 18, 2015. REUTERS/Denis Balibouse

LONDON (Reuters) - HSBC's faces a second grilling by British lawmakers on Monday as fallout from the bank's Swiss tax scandal continues. Parliament's Public Accounts Committee said it will question HSBC Chief Executive Stuart Gulliver, former group general manager of its global private banking arm Chris Meares, and independent non-executive director Rona Fairhead at 3.15 p.m. on March 9. The bank has admitted that past failings at its Swiss private banking arm allowed clients to dodge taxes. Gulliver and HSBC Chairman Douglas Flint were questioned at length by parliament's Treasury Select Committee on Feb. 25, when Flint said the people most responsible for the failings were local management. The committee will also grill Edward Troup, a top official at Britain's tax authority HMRC, and Dave Hartnett, a former senior HMRC official. (Reporting by Huw Jones, editing by Louise Heavens)