has announced that Jose Gil Diaz has stepped down from its board ‘for
Diaz’s appointment was one of a raft of board changes implemented by HSBC
in a bid to restore investor confidence after a rocky patch at the end of 2006.
The world’s fourth-largest bank by market capitalisation, suffered a share slump
at the end of 2006, making it one of the worst-performing European bank stocks
of the year, the FT
Diaz, was Mexican secretary of finance and public credit until 30 November
2006 before a new administration was voted in. Between 1997 and 2000 he was
chief executive officer of Avantel, a Mexican telephone and internet service
provider, after serving as vice-governor of the Central Bank of Mexico, where he
was director general of tax policy.
In a statement to the stock exchange, HSBC said: Jose Francisco Gil Diaz has,
for personal reasons, resigned as a director of HSBC Holdings with effect from 5
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements