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HSBC: political risk towers over bank's structural review

HSBC Canary Wharf

So, marks out of 10, what would you award the UK and Hong Kong for “long-term stability”? We Brits win that one, surely, if we’re talking political stability: possible exit from the EU looks more comfortable than having the Chinese Communist party breathing down your neck.



RBS building

RBS board survives revolt over pay

The board of Royal Bank of Scotland survived a potential shareholder revolt over executive pay packages yesterday, but warned of continued difficult times ahead as the loss-making bank continues to look to slash costs.