How HSBC's errors and lack of oversight hit reputation as 'world's best-run bank'

Tax evasion claims have added to catalogue of failings by bank that include money-laundering, sanctions-busting, mistaken acquisitions and mis-selling "Our executive directors have a combined 178 years of service - a track record almost without parallel in the industry. I believe there is no better management team in banking and it is no coincidence that HSBC has remained profitable throughout the financial crisis." So said Stephen Green in HSBC's 2009 annual report, his last as executive chairm...