Tag: Douglas Flint

• Thursday, January 12th 2017 - 08:53 UTC

  Brexit uncertainty could lead to an exodus of 232.000 jobs from Britain, warns LSE

  

  UK’s powerhouse financial sector would face heightened risk and an exodus of 232,000 jobs without certainty over Britain’s Brexit deal, MPs in the House of Commons have heard. Xavier Rolet, chief executive of the London Stock Exchange Group (LSE), said two thirds of the job losses would be felt outside Greater London, with the blow coming as soon as the euro clearing operation leaves Britain’s shores.

• Thursday, March 12th 2015 - 00:53 UTC

  HSBC top officers insist on staying; blame lower staff and the media and accept MPs criticisms

  

  HSBC executives have been accused by MPs of incompetence for saying they were unaware of tax evasion activities in their Swiss private bank. However Chris Meares, the ex-head of HSBC's private banking division, said he didn't know what staff “were up to”.