TITLE

New HSBC Chief An I-Banking Veteran

AUTHOR(S)
Abrams, Sandra Lea
PUB. DATE
December 2005
SOURCE
Investment Dealers' Digest;12/5/2005, Vol. 71 Issue 46, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents information about various developments in HSBC Holdings PLC. Stephen Green will take over as the chairman of the company. Previously, he ran its investment banking unit. No major changes in the strategy for overhauling the company is expected. HSBC has focused its efforts in European debt and equity in investment banking. The investment efforts of the company is underpowered in the U.S. Analysts expect that HSBC will make a few smaller acquisitions. The company would make small tactical deals with companies under $5 billion market capitalization.
ACCESSION #
19162878

 

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