Alert for HSBC shareholders

HSBC’s shareholders should scrutinize the bank’s compensation plan before they vote on it, the Association of British Insurers said. The group, whose members own about 15 per cent of all British publicly traded companies, issued an ”amber alert” on the plan, which will be voted on at the London-based bank’s annual meeting on May 28. …

HSBC Islamic Banking – Americans Take Notice

UK – May 25, 2007 — Further evidence that the profits of Britain’s banks are being hit by customers reclaiming bank charges emerged yesterday when HSBC admitted it was feeling the repercussions of a customer revolt. Guardian Unlimited reported the story. Unfortunately in the United States a full revolt has not been seen, but consumers …