HSBC Shareholders Defeat Ping An-Backed Measures

HSBC Shareholders Defeat Ping An-Backed Measures

The New York Times - Business:

The outcome is a win for the bank in its fight with its largest stakeholder, the Chinese insurer Ping An, which argues HSBC isn’t taking full advantage of its profitable Asia unit.

This post first appeared in The New York Times - Business. Read the original article.