The Reading / Listening - Level 2

The BBC says that the bank HSBC helped rich people to hide money so they would not have to pay tax. A BBC programme looked at the details of thousands of bank accounts, worth $128 billion, from an HSBC bank in Switzerland. The information was leaked by a whistleblower working as a computer expert for HSBC in Geneva. He stole the details of more than 100,000 clients worldwide. The data shows that HSBC helped wealthy clients to evade tax. A French banking team looked at the stolen data. It said that 99.8% of French citizens on the list were probably evading tax.



HSBC said the bank has changed a lot. It has put in place many policies designed to prevent its banking services being used to evade taxes or launder money. The Guardian newspaper said HSBC understood that it failed to follow the law properly. One woman who complained when the bank did not change lost her job. Sue Shelley's job was to make sure HSBC followed the law. The BBC said that when she complained that the bank was not following the law, the bank fired her. The BBC said HSBC is now facing criminal investigations in the USA, France, Belgium and Argentina.

Try the same news story at these levels:

    Level 0 Level 1   or  Level 3

Sources
  • http://www.bbc.com/news/business-31248913
  • http://www.independent.co.uk/news/business/hsbc-helped-rich-customers-dodge-tax-with-secret-swiss-bank-accounts-reports-says-10032594.html
  • http://www.theguardian.com/business/2015/feb/08/hsbc-files-expose-swiss-bank-clients-dodge-taxes-hide-millions


Make sure you try all of the online activities for this reading and listening - There are dictations, multiple choice, drag and drop activities, crosswords, hangman, flash cards, matching activities and a whole lot more. Please enjoy :-)



The Activities

MATCHING

PARAGRAPH ONE:

1.

HSBC helped rich

a.

100,000 clients worldwide

2.

A BBC

b.

of bank accounts

3.

looked at the details of thousands

c.

the stolen data

4.

The information was leaked

d.

people to hide money

5.

He stole the details of more than

e.

clients to evade tax

6.

HSBC helped wealthy

f.

programme

7.

A French banking team looked at

g.

probably evading tax

8.

99.8% of French citizens on the list were

h.

by a whistleblower



MY e-BOOK
See a sample

PARAGRAPH TWO:

1.

HSBC said the bank has

a.

following the law

2.

It has put in place

b.

the bank did not change

3.

launder

c.

fired her

4.

it failed to follow

d.

changed a lot

5.

One woman who complained when

e.

money

6.

the bank was not

f.

investigations

7.

the bank

g.

the law properly

8.

facing criminal

h.

many policies


LISTEN AND FILL IN THE GAPS

The BBC says that the bank HSBC helped (1) ___________________ money so they would not (2) ___________________. A BBC programme looked at the (3) ___________________ of bank accounts, worth $128 billion, from an HSBC bank in Switzerland. The information (4) ___________________ whistleblower working as a computer expert for HSBC in Geneva. He stole the details of more than 100,000 (5) ___________________. The data shows that HSBC helped wealthy clients to evade tax. A French banking team looked at the stolen data. It (6) ___________________ French citizens on the list were probably evading tax.

HSBC said the bank has changed a lot. (7) ___________________ many policies designed to prevent its banking services being used to evade taxes (8) ___________________. The Guardian newspaper said HSBC understood that it (9) ___________________ the law properly. One woman who complained when the bank did not change (10) ___________________. Sue Shelley's job was to make sure HSBC followed the law. The BBC said that when she complained that the bank (11) ___________________ the law, the bank fired her. The BBC said HSBC is (12) ___________________ investigations in the USA, France, Belgium and Argentina.





PUT A SLASH ( / ) WHERE THE SPACES ARE

TheBBCsaysthatthebankHSBChelpedrichpeopletohidemoneysothe
ywouldnothavetopaytax.ABBCprogrammelookedatthedetailsofthou
sandsofbankaccounts,worth$128billion,fromanHSBCbankinSwitzer
land.Theinformationwasleakedbyawhistleblowerworkingasacompu
terexpertforHSBCinGeneva.Hestolethedetailsofmorethan100,000cl
ientsworldwide.ThedatashowsthatHSBChelpedwealthyclientstoeva
detax.AFrenchbankingteamlookedatthestolendata.Itsaidthat99.8
%ofFrenchcitizensonthelistwereprobablyevadingtax.HSBCsaidtheb
ankhaschangedalot.Ithasputinplacemanypoliciesdesignedtopreven
titsbankingservicesbeingusedtoevadetaxesorlaundermoney.TheGu
ardiannewspapersaidHSBCunderstoodthatitfailedtofollowthelawpro
perly.Onewomanwhocomplainedwhenthebankdidnotchangelosther
job.SueShelley'sjobwastomakesureHSBCfollowedthelaw.TheBBCsa
idthatwhenshecomplainedthatthebankwasnotfollowingthelaw,theb
ankfiredher.TheBBCsaidHSBCisnowfacingcriminalinvestigationsint
heUSA,France,BelgiumandArgentina.

WRITE QUESTIONS & ASK YOUR PARTNER(S)

Student A: Do not show these to your speaking partner(s).

a)

________________________________________________________

b)

________________________________________________________

c)

________________________________________________________

d)

________________________________________________________

e)

________________________________________________________

f)

________________________________________________________

g)

________________________________________________________

h)

________________________________________________________

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Student B: Do not show these to your speaking partner(s).

a)

________________________________________________________

b)

________________________________________________________

c)

________________________________________________________

d)

________________________________________________________

e)

________________________________________________________

f)

________________________________________________________

g)

________________________________________________________

h)

________________________________________________________





WRITING

Write about banks for 10 minutes. Comment on your partner's paper.

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_____________________________________________________________________________

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_____________________________________________________________________________

_____________________________________________________________________________

Answers

(Please check your answers against the article above.

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