Key Takeaways HSBC is likely to pay about 300MtosettleFrench"Cum−Cum"allegationsandendacriminalprobe.TheproposeddealincludesrepaymentofrelatedtaxbillsandalignswithHSBC′spriorprovision.Frenchprosecutorswillpresentthesettlementsoon,mirroringactionsseenwithCreditAgricole.HSBCHoldingsPLC(HSBC)islikelytopayroughly300 million to resolve its alleged involvement in the French “Cum-Cum” tax scandal, which has ensnared several major banks in the country. This was reporte ...