HSBC Chairman Green to be UK trade minister


Chairman of HSBC,  Stephen Green is leaving the bank to become the trade minister in the U.K. coalition government, the BBC reported.

“Stephen Green, chairman of HSBC, is quitting to become trade minister in the coalition government,” the BBC’s business editor Robert Peston wrote in his online blog.

Separately, Sky News reported Tuesday that Green was among the contenders for the trade minister post. It said the government will announce its new trade minister within 48 hours.

HSBC declined to comment on the report.

Green, 62, joined the company in 1992. He was appointed chief executive in 2003, before taking up the role of group chairman in 200

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Posted by N.Desiree on Sep 7 2010. Filed under Featured News, Finance. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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