19 October 2017 Week In Brief: BUSINESS AND THE CITY GODDBYE MR FLINT, HELLO MR FLINT: No sooner has one Flint left the boardroom of HSBC than another one arrives. On 30th September the banking group’s chairman left after 22 years on the board, and 12 days later new chairman Mark Tucker announced John Flint… Continue reading Issue 125:2017 10 19:Week in Brief Financial
Tag: HSBC
Issue 96: 2017 03 16: Week in Brief, Financial
16 March 2017 Week In Brief: BUSINESS AND THE CITY ALL CHANGE: Rather more change than expected at HSBC which has been engaged in a search for a new chairman to replace seven year serving Douglas Flint – who was finance director before that. HSBC almost always has promoted its top men (they all have… Continue reading Issue 96: 2017 03 16: Week in Brief, Financial
Issue 46:2016 03 24: Week in brief (Financial)
24 March 2016 Week in Brief: BUSINESS AND THE CITY RETAIL HOME WIN: In another unexpected turn of events in a takeover battle that has been full of them, J Sainsbury emerged victorious to win ownership of Home Retail Group, owner of Argos, the catalogue and high street retailer. The City had reacted… Continue reading Issue 46:2016 03 24: Week in brief (Financial)
Issue 43: 2016 03 03: HSBC (John Watson)
03 March 2016 HSBC A difficult balancing act. by John Watson “Go on, then. A little closer to the edge. It’s ages since anyone fell off the cliffs, so it must all be pretty safe. No, don’t take any notice of the warning signs. Experts are always much too conservative. Just try a little further.… Continue reading Issue 43: 2016 03 03: HSBC (John Watson)
Issue 43: 2016 03 03:Week in brief Financial
03 March 2016 Week in Brief: BUSINESS AND THE CITY LESS THAN DELIGHTED: If HSBC thought that its decision a few days ago to keep its head office in the UK would be well received it must now be feeling disappointed. The Government and the Bank of England welcomed the decision, which no doubt brought… Continue reading Issue 43: 2016 03 03:Week in brief Financial
Issue 42: 2016 02 25: News in Brief Financial
25 February 2016 Week in Brief: BUSINESS AND THE CITY HEAVY POUNDING: The pound sank against all major currencies on Monday, though perhaps not as much as exciteable headlines suggested, after Boris Johnson announced his intention to campaign for a British exit from the European Community. Boris cannot take all the blame (or credit) for… Continue reading Issue 42: 2016 02 25: News in Brief Financial
Issue 40: 2016 02 11:Week in brief Financial
11 February 2016 Week In Brief: BUSINESS AND THE CITY BANKING ON GLOOM: Last week saw further turmoil in the FTSE 100; the index which encompasses the 100 largest companies on the London Stock Exchange. This part of the market has seen wildly fluctuating fortunes over the last few months, with swings of up to… Continue reading Issue 40: 2016 02 11:Week in brief Financial
Issue 6:2015 06 11:Business news
11 June 2015 BUSINESS AND THE CITY VANISHING BANKERS: Stuart Gulliver’s reshaping of HSBC has gathered pace. The long serving chief executive said that the bank will, over the next two years, cut 10% of its workforce – 25,000 jobs or more, of which around a third will be in the UK. Not only is… Continue reading Issue 6:2015 06 11:Business news
