HSBC Holdings: James Comey Resigns to Become Director of FBI

Date : 07/31/2013 @ 12:04PM
Source : Dow Jones News
Stock : HSBC Holdings PLC (HSBC)
Quote : 37.16  0.0 (0.00%) @ 12:00AM

HSBC Holdings: James Comey Resigns to Become Director of FBI

Hsbc (LSE:HSBA)
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LONDON--Banking giant HSBC Holdings PLC (HSBA.LN) said Wednesday James B Comey, Jr., an independent non-executive Director, has resigned from the Board with effect from Sept. 4, following his confirmation by the U.S. Senate as the next Director of the Federal Bureau of Investigation.

MAIN FACTS:

-Mr. Comey was nominated for that post by President Barack Obama in June.

-Mr. Comey was appointed to the HSBC Board on March 4 and served on the Financial System Vulnerabilities Committee.

-Shares in London at 1130 GMT up 11 pence, or 1.53%, at 747 pence valuing the company at 137.24 billion pounds.

-Write to Ian Walker at ian.walker@wsj.com

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