Three Wakefield airmen will be remembered at a commemorative service this weekend as part of the 80th anniversary events to mark the RAF Dambusters Raid in World War II.
HSBC Foils Plan By Major Investor To Break Up Bank | Brunei s No 1 News Website brudirect.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from brudirect.com Daily Mail and Mail on Sunday newspapers.
HSBC on Friday wins battle by defeating a plan that attempted to divide the bank in an effort to increase profits. The plan was supported by its largest shareholder, the Chinese insurer Ping An who has been trying for over a year to split the bank.
Ping An was unable to secure the support of any significant shareholders after investors decided to reject the idea. The outcome, according to HSBC chairman Mark Tucker, "draws a line" under a protracted discussion concerning the bank's structure.
It argues that the bank s profitable Asia operations are subsidising other parts of the bank that are not performing as strongly. Splitting HSBC would also…