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Stuart Gulliver

A Good Week for … , March 10, 2013

Stuart Gulliver has overseen a turbulent year for the bank, which was forced to pay out US$1.9 billion in fines and penalties to settle US money-laundering accusations. 

STAFF

The HSBC chief has overseen a turbulent year for the bank, which was forced to pay out US$1.9 billion in fines and penalties to settle US money-laundering accusations. The bank's financial results, revealed this week, was also dented by US$2.3 billion for mis-selling financial products in Britain. But despite the steep payouts, Gulliver can afford a smile after his personal compensation increased from US$10.6 million to US$14.1 million.

 

To his friends and family back home in Russia, Khakimov had been dead for three decades. But in fact the former Soviet soldier was alive and well in the Afghan city of Herat. After being discovered by Russian aid workers searching for survivors of the Afghan conflict, the former soldier will get the chance to see his relatives again.

 

The self-styled fung shui master may have lost the battle over Nina Wang Kung Yu-sum's fortune, but he has at least found God. Chan, facing a plethora of legal difficulties over his attempts to challenge Wang's will, renounced fung shui as he was baptised a Christian and took a new name, Peter. And with an upcoming forgery trial and HK$430 million in debts, perhaps there is indeed room for a miracle.

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