Wednesday, April 7, 2010 as of 11:14 AM ET
Douglas Jardine Flint, CBE (born July 1955) is a British banking businessman. He is currently the Group Chairman of HSBC Holdings.
Read More at Wikipedia ›The euro zone will likely hold together, but continuing volatility could result in a deposit-guarantee scheme being created for the members of the monetary union, HSBC Holdings PLC (HBC) Chief Executive Stuart Gulliver said Friday.
"Our working assumption is that the euro zone will hold together," Gulliver told the annual meeting. "But there will be heightened periods of volatility."Gulliver said he could see a European equivalent of the U.S. Troubled Asset Relief Program being implemented and a euro-wide deposit-guarantee scheme to stop deposits fleeing less stable economies. The TARP effort consisted of the U.S. government buying assets and equity from financial institutions during the subprime mortgage crisis.The CEO added that HSBC wouldn't use the ongoing turmoil on the Continent as an opportunity to buy a European bank. "We don't see this as an opportunity to buy a bank," he said.Meanwhile, the majority of HSBC investors voted to back the global bank's executive remuneration repor...By Steve SlaterLONDON, Sept 8 (Reuters) - For a bank that prides itself onsmooth successions, HSBC is suddenly scrambling to pick its nextchairman.The frontrunners t...
By Steve Slater and Lionel LaurentLONDON/PARIS, Aug 2 (Reuters) - HSBC and BNP Paribas, two of Europe's top three banks, trumped earnings forecasts after bad debts f...
HSBC (NYSE: HSBC) and BNP Paribas, strengthened by the financial crisis in their roles as top European banks, both trumped earnings forecasts as bad debts fell sharp...
* H1 pretax profit $11.1 bln vs consensus f/cast $9.1 bln* H1 bad debts drop to $7.5 bln, better than expected* Investment bank profits dip, sees slower H2* Shares u...
04/14/09
A framework for the orderly management of the of the collapse of a big bank operating in different countries is the missing piece of global efforts at reforming fina...
WASHINGTON (Reuters) - Douglas Flint, the chairman of European banking powerhouse HSBC <HSBA.L>, will take over as chairman of the global banking lobby Institute of ...
By Sudip Kar-Gupta and Sarah WhiteLONDON (Reuters) - HSBC Holdings Plc executives faced investor anger on Friday over lackluster returns and high executive pay, prom...
HSBC cut its profitability targets due to the cost of tougher banking regulations, joining rivals such as Barclays, and disappointed investors with below forecast 20...
HSBC said tougher European rules on pay and a UK bank tax were causing it harm and left it assessing whether to stay in London, as it reported profits so far this ye...
* CEO-elect says no plans to move HQ from London (Changes headline, adds detail, Smart Data set)By Soo Ai PengSHANGHAI, Sept 29 (Reuters) - Top executives at HSBCHol...
By Steve SlaterLONDON, Sept 22 (Reuters) - HSBC Holdings said its ChiefExecutive Michael Geoghegan had not threatened to resign unlesshe was appointed chairman, reje...
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