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| HSBC Reports Data Theft on 15,000 Swiss Accounts |
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HSBC Holdings Plc's Swiss private bank said it suffered "serious data theft" affecting about 15,000 Swiss-based accounts.
The data was stolen by a former information technology employee about three years ago, the Geneva-based unit of HSBC said in a statement. French authorities, which seized the data, have told their Swiss counterparts that they won't use the information "inappropriately," the bank said.
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