
Former HSBC employee Herve Falciani poses for photographs before a news conference in Divonne-les-Bains, France October 28, 2015.
HSBC said it welcomed the ruling on Falciani, a 43-year old French citizen who had been on trial in Switzerland.
HSBC's Swiss unit has been in the spotlight since 2008, when Falciani, a former IT employee there, fled Geneva with files that were leaked to the media and were alleged to show evidence of tax evasion by clients. French newspaper Le Monde has said it identified more than 106,000 clients.
Falciani, who is based in France, did not attend his trial and stayed out of Switzerland while it was going on.
He may not serve any time in a Swiss prison since France typically does not extradite its own citizens, and there are no legal proceedings against him in France.
Falciani's lawyer -- Marc Henzelin -- did not immediately respond to a request for a comment.














Comment: So HSBC gets no criminal charges and spends a trifling 40 million Swiss Francs in fines, while the man that exposes the corruption within the bank gets sentenced to 5 years in prison. How's that for 'blind justice'?