Revealed: The former US SEC commissioner Kathleen Casey is to step down from the board of HSBC Holdings, Europe's biggest lender will disclose alongside an important set of full-year results and strategic update tomorrow.
Kathleen Lawrence of Pavee Point tells :
“There is no way [Peter Casey] would have jumped from 1% to 20% without making those comments about Travellers and people on welfare. It’s a very worrying development in Irish politics":
It seems that with at least three non-executive appointments (post 2011) - and especially Kathleen Casey, Laura Cha and Jonathan Evans - HSBC was effectively buying regulatory / politicial insights and influence