Wednesday, April 7, 2010 as of 11:14 AM ET
Stuart Gulliver (born 1959- ) is a British banking business executive. He is widely known as the Group Chief Executive of HSBC, a position he has held since January 1, 2011.
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...HSBC Holdings PLC (HBC) is set to cut 2,000 jobs in the U.K., as the lender looks to slim down its operations ahead of a slew of U.K. regulatory changes that are sla...
HSBC Holdings PLC (HBC) set the final size of its yuan-denominated bond at CNY2 billion, the bank said Wednesday.The final yield of the issue has been confirmed at 3...
HSBC Holdings PLC (HBC) has tightened yield guidance for its inaugural international yuan-denominated bond due to strong support from investors in Asia as well as Eu...
HSBC Bank PLC said Wednesday it will issue a yuan-denominated bond, the first in this currency to be launched outside China's sovereign territories.Stuart Gulliver, ...
HSBC Holdings PLC (HBC) said Thursday it has agreed to subscribe to HK$13.26 billion (US$1.71 billion) worth of Bank of Communications Co.'s (3328.HK) new shares as ...
Global banking giant HSBC Holdings PLC (HBC, HSBA.LN) said Wednesday that it has agreed to sell its general insurance businesses in Hong Kong, Singapore, Argentina a...
The U.K.'s banking regulations have ensured HSBC Holdings' PLC (HBC) market capitalization is undervalued by up to GBP18 billion, the bank's CEO Stuart Gulliver has ...
Blue-chip lender Hang Seng Bank Ltd. (0011.HK) on Monday reported a 12% rise in 2011 net profit, driven by higher net interest income, and said Chief Executive Marga...
HSBC Holdings, Europe's biggest bank, made a $21.9 billion profit last year, the largest among western banks, as its strength in Asia helped it cope with a euro zone...
U.K. banking giant HSBC Holdings PLC (HBC) is expected to award Chief Executive Stuart Gulliver with a GBP3 million bonus when it announces on Monday profits of arou...
DOW JONES NEWSWIRESHSBC Holdings PLC (HBC) aims to increase its presence in mainland China by expanding its branch network or by raising its stake in Bank of Communi...
HSBC (NYSE:HBC), Europe’s biggest lender, said Wednesday it suffered a 36% tumble in third-quarter adjusted profits as the continent braces for a double-dip recessio...
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, HS...
HSBC Holdings PLC (HBC) Chief Executive Stuart Gulliver reiterated Monday that the U.K.-based lender won't be considering a move of its headquarters anytime soon, gi...
HSBC Holdings PLC (HBC) has raised the prospect of selling its British retail banking operation if new regulations prove too demanding, The Times in the U.K. reporte...
HSBC Holdings PLC (HBC) said Thursday it has achieved US$2 billion in cost savings on an annualised basis since it started to scale back its size and boost its profi...
Banking giant HSBC Holdings PLC (HBC.LN) said Thursday it is in talks on a possible sale of its operations in Colombia, Peru, Uruguay and Paraguay, as it continues t...
HSBC beat expectations with an underlying first-quarter profit of $6.8 billion as Europe's biggest bank saw a rebound in investment banking, growth in Asia and a fal...
HSBC Holdings PLC (HBC) said Tuesday that its investment banking division and emerging-market operations helped boost underlying profit in the first quarter, but the...
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