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Published 14 days ago

Ping An votes against reappointment of HSBC CEO as director, Bloomberg News reports

Summary by WTVB
(Reuters) – HSBC Holdings Plc’s biggest Asian investor, China’s Ping An Insurance Group Co, voted against the reappointment of departing chief executive Noel Quinn as a director at the bank’s shareholder meeting, Bloomberg News reported on Saturday. Ping An lodged a protest vote against Quinn’s leadership at the meeting on Friday, the report added, citing people familiar with the matter. Ping An and HSBC did not immediately respond to reques…

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