French banks raided over tax evasion scheme ...News

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The lenders are suspected of helping investors avoid paying taxes on their dividends The Paris offices of five major banks were searched on Tuesday amid a probe into suspected money laundering and tax evasion related to dividend payments, several media outlets reported on Tuesday. The raids in question took place at Societe Generale, BNP Paribas, Exane and Natixis offices, as well as those of British banking giant HSBC, according to Le Monde, which was the first to break the news. Societe Generale confirmed the searches to Reuters, but abstained from further comments. The other four banks did not comment on the re

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