Tax-evasion allegations aren't HSBC's only problem

Stuart Gulliver, the boss of HSBC, grumbles that publicly owned businesses are now being held to a higher standard of behaviour than bishops. A more apt comparison might be medieval monks, given the self-flagellation that the London-based banking giant has felt obliged to perform in the wake of a tax-dodging scandal. It has run grovelling, full-page apologies in newspapers, admitting that the episode is a "source of shame", and sent top brass to sit in the stocks in front of the British parliame...