17th Sep 2019 18:00
(Alliance News) - HSBC Holdings PLC said on Tuesday the interim chief executive of its Global Commercial Banking unit sold shares worth GBP165,000 last week.
Barry O'Byrne on Friday sold 26,291 shares at a price at 628.20 pence, totalling GBP165,173.
Shares in HSBC closed down 0.8% at 613.971p in London on Tuesday.
In June, Ian Stuart, chief executive of HSBC UK Bank PLC, sold 25,000 shares at 651.0 pence on Monday for a total of GBP162,755.
The week earlier, Stuart sold a combined 50,000 shares for a total of GBP326,090 in shares over two transactions. Stuart's total holdings following the deals was not disclosed.
In mid-May, the boss of the lender's private bank sold shares worth GBP130,502. Global Private Banking Chief Executive Officer Antonio Simoes - appointed in January, having been at the firm since 2007 - sold 20,000 shares at 652.5 pence each.
In March, three senior executives have sold around GBP1.7 million in stock.
Chief Risk Officer Marc Moses sold 146,649 shares at a price of 625 pence per share, for a total of GBP915,969.
Global Banking & Markets Chief Executive Samir Assaf disposed of 100,457 shares at the same price at a total of GBP627,454.
HSBC US Chief Executive Patrick Burke sold 30,448 shares also at 625 pence each, for a total of GBP190,312.
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