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Top related persons:
Mark Tucker - 1 Tucker - 1 Xi Jinping - 1 HSBC's Tucker - 1 Noel Quinn - 1 Iain Withers - 1 Sinead Cruise - 1 Selena Li - 1
Top related locs:
HONG KONG China Beijing Asia Western West Hong Kong Pacific
Top related orgs:
HSBC - 1 Ping An Insurance - 1 Morningstar - 1 Beijing - 1 Credit Suisse - 1 UBS - 1 HSBC Jintrust Fund Management - 1 Green Transition Partners - 1

Search resuls for: "HSBC's Tucker"


2 mentions found


☆ HSBC builds up China green finance, bonds teams in funds push - sources
  + stars: | 2023-07-12 | by ( Iain Withers Selena Li Sinead Cruise | Iain Withers | Selena Li | ) www.reuters.com   time to read: +3 min
Tucker told officials an "ice-breaking" spirit adopted by British businesses historically would help the UK and China overcome challenges and geopolitical tensions, a bank statement published on Wednesday said. HSBC will make key investments in its asset management arm in China this year, including launching new teams dedicated to green assets and fixed income, the first of the two sources and a third source with knowledge of the matter said. HSBC has stepped up expansion in China despite criticism from some lawmakers in the West of the bank's conduct in the region. HSBC said last week it was "open to opportunities" to expand its businesses in China, after its local partner put a 31% stake in its HSBC Jintrust Fund Management joint venture on the block. HSBC's green finance push builds on its acquisition of Hong Kong-based specialist asset manager Green Transition Partners in January, when the bank said it planned to grow its green infrastructure services across the Asia-Pacific region.
Persons: Mark Tucker, Tucker, Xi Jinping, HSBC's Tucker, Noel Quinn, Iain Withers, Sinead Cruise, Selena Li, Mark Potter Organizations: HSBC, Ping An Insurance, Morningstar, Beijing, Credit Suisse, UBS, Reuters, HSBC Jintrust Fund Management, Green Transition Partners, Hong, Thomson Locations: HONG KONG, China, Beijing, Asia, Western, West, Hong Kong, Pacific, London
☆ HSBC faces down protests on strategy, climate at annual meeting
  + stars: | 2023-05-05 | by ( Lawrence White | ) www.reuters.com   time to read: +3 min
BIRMINGHAM, England, May 5 (Reuters) - HSBC (HSBA.L) faced down opposition to its strategy and climate policy at a fractious annual investor meeting in Birmingham in England on Friday, including a shareholder proposal to spin-off its lucrative Asia business backed by major investor Ping An. Shareholder Lui questioned HSBC's board directly at the meeting on Friday, prompting the bank's chairman Mark Tucker to say criticism of the bank's performance showed "a fundamental misunderstanding of HSBC's business." HSBC's Tucker told the meeting that any break-up of the bank would undermine its global strategy and dent its revenue, repeating the bank's argument that it would be risky and costly. "So it would not be in shareholders' interests to split the bank," Tucker said. Like Barclays' investor meeting earlier this week, HSBC's event was repeatedly interrupted by climate campaigners singing songs, while one protester stood up at the front of the hall with a banner reading 'No more dirty coal'.
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