Panama Papers: 7 Things You Need To Know

Panama Papers: 7 Things You Need To Know

Many of the world’s largest banks, including UBS, Credit Suisse, and HSBC, have been accused of helping their clients hide cash in offshore companies. However, the banks denied allegations Tuesday.

“In China online censors have been restricting search results and discussions on social media involving the terms Panama Papers.” “Meanwhile, governments in the U.K., France, Belgium, Australia and Mexico have pledged to investigate the leaks for possible cases of tax evasion.”