HSBC sells tax advisory business
HSBC said on Wednesday it had agreed to sell its U.S. tax advisory services business to management. HSBC said it would receive $5 million in cash and deferred notes with a principal amount totaling $60.85 million. It will also have an option to buy 19.9 percent of the business, Wealth & Tax Advisory Services USA Inc (WTAS), subject to certain unspecified conditions and dilution as new managing directors join WTAS over time. (Reuters reporting by Mark Potter, Editing by Dan Lalor - see the original article here)
Thinking of making a debt settlement offer? See common settlement scams and rip-offs firstRelated Posts
- HSBC Expands to Chicago
- Will HSBC Buy Charles Schwab?
- Letter to Sandra Derickson, CEO of HRS
- Letter to CEO of BestBuy
Related Searches: tax advisory services, wtas, mark potter, business wealth, wealth tax







We monitor customer trends for possible violations of Regulation Z and other possible illegal actions.