Thursday, April 16, 2015


Just over a week to the big election. Yes, Friday 24th April sees the Annual General Meeting of HSBC, at the QEII Centre in London, where Rona Fairhead's name goes forward for re-election as a non-executive director.

The Daily Mail has found that Trillium Asset Management (Socially Reponsible Investing) and CBIS (A Trusted Investment Partnerfor Catholic Institutions andConsultants Worldwide) in the States think she should go. They control around £4.9 billion of HSBC assets - but that's from a total of £1770 trillion.

The BBC Trust chairman and bank have made it clear she's only seeking one more year. We may get a feeling of whether or not she'll hang on from the informal pre-meet with shareholders in Hong Kong on Monday.

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