Get our introductory offer at only
$0
.99*/month
Cancel anytime
*$0.99/month for first 3 months
$29.90/month for the next 9 months
You are here
Directors of UK business did not quit due to jail threat: HSBC chairman
Mr Flint (above) says Mr Thomson resigned mainly due to his work burden.
PHOTO: REUTERS
London
TWO directors of HSBC's British business have expressed concerns about new rules that can result in jail sentences for senior bankers, but only one has resigned, and that was mainly due to extra demands on his time, the bank said.
HSBC chairman Douglas Flint said in a letter
To continue reading
Need help?
CALL +65 6388 3838 EMAIL btocs@sph.com.sg
