HSBC shareholders should vote against Asia spinoff plan: Advisor ISS
The proposal by Ping An, over which the bank and the Chinese insurer have been arguing since last November, "lacks detailed rationale", ISS said.
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The proposal by Ping An, over which the bank and the Chinese insurer have been arguing since last November, "lacks detailed rationale", ISS said.
LONDON, April 23 (Reuters) - HSBC's most vocal individual activist shareholder Ken Lui on Monday said he had spoken for the first time with the bank's largest investor, Ping An, about their controversial proposals to spin off... | 02:55am
HSBC investors should vote against a resolution by the bank's biggest shareholder Ping An, shareholder advisory group ISS said.
LONDON: HSBC investors should vote against a resolution by its biggest shareholder Ping An, calling on the bank to consider strategic options including a spinoff of its Asia business, shareholder advisory group ISS said. The proposal by Ping An, over which the bank and the Chinese insurer have been arguing
LONDON (Reuters) - HSBC investors should vote against a resolution by its biggest shareholder Ping An, calling on the bank to consider strategic options including a spinoff of its Asia business, shareholder advisory group ISS said. | 10:50am