HSBC shareholder Ping An to vote for bank’s break-up at annual meeting -source
HONG KONG/LONDON (Reuters) – HSBC’s biggest shareholder Ping An is likely to vote in favour of splitting the bank up at its annual investor meeting on May 5, a source familiar with…
StanChart CEO says bank’s global focus still valid amid calls for HSBC break-up
By Iain Withers LONDON – Standard Chartered Chief Executive Bill Winters said the merits of a UK-based, Asia-focused bank remain valid in the face of “unpredictable” geopolitical tensions. Speaking to Reuters on…
Benettons rule out any transaction involving break-up of Atlantia – source
MILAN – The Benettons, who control Atlantia with a 33% stake, are united in ruling out any transaction that would involve a break-up of the Italian infrastructure group, one source close to…
Toshiba’s top shareholder to vote against break-up plan
TOKYO – Effissimo Capital Management said on Thursday it had decided to vote against Toshiba Corp’s break-up plan that comes up for a vote on March 24, since the plan might ultimately…
Analysis-Amazon defies break-up wave sweeping conglomerates
By Anirban Sen, Svea Herbst-Bayliss and David French – Amazon.com Inc has become the poster child of technology giants bucking the trend of major conglomerates breaking up, thanks to bright growth prospects…
De La Rue activist investor calls for sale or break-up of banknote printer – FT
– Crystal Amber Fund, one of De La Rue’s largest investors, has called on the British banknote printer to consider a sale or break-up after its profit warning, the Financial Times reported…
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