Tag: HSBC

Beazley plc announces new chair
Clive Bannister has been appointed chair designate and a non-executive director of the board of the insurance group.

Barclays announces board changes
Sir John Kingman will join as a NED and take over from Crawford Gillies as chair of the group’s ring-fenced banking arm, Barclays UK.

Watchdog aims to clamp down on greenwashing
The Financial Conduct Authority reveals plans to target greenwashing with new rules on use of key terms.

News round-up: this week in governance
Surveillance of home workers; Davos in Saudi Arabia; German ‘impact investors’; VW challenged on climate; HSBC’s ‘misleading’ adverts.

HSBC appoints Rachel Duan as independent non-executive director
Duan will join the group remuneration committee and the nomination and corporate governance committee when she starts the role in September.

Dame Carolyn Fairbairn to join HSBC as independent NED
The experienced non-exec and former director-general of the CBI will take up her board role at the bank later this year.

Investors signal unease with banks’ support for Hong Kong security law
Aviva Investors’ CIO reveals concerns about HSBC and Standard Chartered’s backing for the new law, which has been widely criticised.

FRC issues advice on coronavirus risk disclosures
UK watchdog says businesses with operations in affected areas should consider whether coronavirus should be included in their disclosures on material risk.

HSBC reveals gender pay gap of 60% but pledges to improve diversity
One of the UK’s biggest banks reveals an average gender pay gap of 60%, while the average bonus gap is 84%.

HSBC spends $28m preparing for Brexit
HSBC bank reports its spending on preparations for departure from the EU, while working on a contingency plan that assumes the UK will leave the single market and customs union.