Stephen Green

More developers doubtful over mainland demand

Mainland developers are losing confidence in buying demand in the face of falling sales and expectations that the central government may announce more tightening measures, according to a survey by Standard Chartered Bank.

Wednesday, 6 July, 2011, 12:00am

Gulliver looks to the glory days

HSBC chief executive Stuart Gulliver wants to return the banking giant to the golden days of the 1990s, when the Hong Kong-listed lender seemed impregnable. To do that, however, the global bank may have to get a lot smaller.

16 May 2011 - 12:00am

Regulators should look into HSBC-Knight Vinke meeting

'HSBC Holdings chairman Stephen Green will meet for talks with shareholder Knight Vinke Asset Management after it criticised the bank's strategy, according to the Sunday Telegraph.

Mr Green agreed to meet Knight Vinke on the condition that nothing said in the meeting was leaked to other shareholders, the newspaper reported.'

Bloomberg in SCMP, October 22

29 Oct 2007 - 12:00am

Knight Vinke urges HSBC to rethink global expansion strategy

HSBC Holdings' shares could rise substantially if the lender adopted a more focused strategy instead of expanding into every market, according to activist investment firm Knight Vinke Asset Management.

11 Sep 2007 - 12:00am

HSBC taps Middle East cash with Dragon Fund

HSBC Holdings is targeting cash-rich Middle Eastern investors for the US$400 million initial public offering of its latest fund that will invest in mainland firms listed in domestic and overseas markets, sources said.

28 Jun 2007 - 12:00am

HSBC rules out hiving off Asian unit

HSBC Holdings, the world's fourth-largest bank by market value, has dismissed speculation that it will spin off its Asian operations despite analysts' suggestion that the company could be worth more by splitting up its business.

28 Jun 2007 - 12:00am

Lai See

And now the Chinese version: Do you serve God or Mammon?

When Stephen Green, then HSBC general manager and group treasurer, wrote a book on Christianity, he probably could not envisage it would become a hot item in Hong Kong 11 years later.

28 Jun 2007 - 12:00am

HSBC taps Latin America chief to head Asia-Pacific operations

HSBC yesterday named Sandy Flockhart, the president of its Latin America and Caribbean unit, as the bank's new chief executive for Asia-Pacific, in a move to restore investor confidence in its Asian operations after losing its top executive in the region.

21 Jun 2007 - 12:00am

Mainland stakes boost earnings for HSBC

HSBC Holdings, which was troubled by soured US sub-prime mortgages last year, said its business had gotten off to a good start this year, with an exceptional gain of US$600 million from investments in two mainland companies.

26 May 2007 - 12:00am

Sub-prime woes played down

The worsening sub-prime mortgage business in the United States has not spilled over into other financial sectors in the country, according to HSBC Holdings chairman Stephen Green.

Mr Green said the prospects of the US sub-prime mortgage market remained unclear as the housing market was unstable but the economy was still growing.

24 Mar 2007 - 12:00am

Lai See

hail of video-flak fails to ruffle absent HSBC executives

In their heyday at HSBC, neither the previous chairman John Bond nor his predecessor William Purves ever had to face as many critical questions as current chairman Stephen Green did yesterday when unveiling a 4.7 per cent increase in last year's net profit.

6 Mar 2007 - 12:00am

HSBC appoints a new team to lead US mortgage unit

Move follows sudden resignations of key executives at America operations

HSBC Holdings, which issued a profit warning because of bad-loan problems in its United States sub-prime mortgage business, has appointed three executive team members to replace the management in place when it bought the US operation in 2003.

23 Feb 2007 - 12:00am

Lai See

top mouseketeer proves dab hand on cash and musical numbers

Although Hong Kong Disneyland chief Bill Ernest overshot the mark by about 10 per cent with his estimate of the number of visitors during the theme park's first year, in other areas his knowledge of the park's numbers is impressive.

6 Sep 2006 - 12:00am

Expression of confidence

Sir John Bond, who will retire as HSBC Holdings' chairman on Friday, says the London-based bank will continue to perform well under the new leadership.

'HSBC will go forward under the existing team and new leadership, and will continue to thrive and go from strength to strength,' Sir John said yesterday at his final informal annual general meeting with HSBC.

24 May 2006 - 12:00am

Results vindicate Sir John's growth strategy

The point of diversification is that when one portion of your portfolio performs poorly, other unrelated parts do well, smoothing the overall returns. Yesterday's results show that after years of investment, HSBC is finally achieving that goal.

7 Mar 2006 - 12:00am