article_snippet: MPs have accused bosses of HSBC of being ‘utterly incompetent’ and ducking responsibility for the Swiss tax dodging scandal.
article_snippet: Chief executive Stuart Gulliver and HSBC board director Rona Fairhead also angered MPs by insisting MPs were oblivious to the wrongdoing in Switzerland, where staff allegedly helped wealthy clients including arms dealers and a blood diamond smuggler evade taxes between 2005 and 2007.
article_snippet: The committee’s chairman Margaret Hodge, a Labour MP, said: ‘Nobody at the bank... has deigned to accept responsibility for what was massive, illegal terrible tax evasion.
article_snippet: ‘Either you were incompetent, completely and utterly incompetent, in your oversight duties
article_snippet: She fellow committee members also expressed disbelief that HSBC’s bosses in London were unaware of what was happening in Switzerland.
article_snippet: Question time: MPs accused BBC Trust chairman Rona Fairhead as either being aware of wrongdoing or being 'utterly incompetent' HSBC’s chairman Douglas Flint has already heaped blame on Mr Meares and Mr Meares predecessor Clive Bannister, the son of four-minute mile legend Sir Roger Bannister, who now runs insurance company Phoenix. '
article_snippet: utterly incompetent' HSBC’s chairman Douglas Flint told the Treasury Select Committee last month that the two men ‘certainly bear fairly direct responsibility’.
highlights_snippet: Former HSBC private banking boss said Former HSBC private banking boss was unaware of tax evasion .
  
highlights_snippet: Chief executive Stuart Gulliver and Rona Fairhead also angered MPs .
  
highlights_snippet: BBC Trust chairman was either 'incompetent' or aware of wrongdoing .