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PRESS: HSBC Chief Gulliver Tops Investors' Choice For Removal - FT

31st May 2016 05:43

LONDON (Alliance News) - Stuart Gulliver, the chief executive of HSBC Holdings PLC, is the European bank chief executive who investors would most like to be replaced, the Financial Times reported on Monday, citing a poll by Autonomous Research.

According to the report, the poll asked 74 institutional investors to each name three banks in Europe "most in need of a change in CEO".

Two people who have seen the results told the newspaper that Gulliver, in his current role at HSBC since 2011, won 26 votes. That was almost double those of second-placed Tidjane Thiam, who became chief executive officer of Credit Suisse about a year ago.

The poll is not due to be released publicly, the report said. It was carried out Procensus and sent to Autonomous clients last week.

http://www.ft.com/cms/s/0/a494f66a-2652-11e6-83e4-abc22d5d108c.html#axzz4AD0Q5MKj

By Samuel Agini; [email protected]; @samuelagini

Copyright 2016 Alliance News Limited. All Rights Reserved.


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