Best bank award: Geoghegan appeals to banks and governments

HSBC chief warns against return of guaranteed bonuses; He asks regulators not to impose capital controls that inhibit lending

Michael Geoghegan keeps it simple at HSBC

Michael Geoghegan keeps it simple at HSBC

Last month, Euromoney held its annual Awards for Excellence dinner in London, presenting our global best bank award for 2009 to HSBC. Michael Geoghegan, group chief executive of HSBC Holdings, seized the occasion to deliver the speech that we reprint below in its entirety. It is a very good read. “Ladies and gentlemen, it’s a great pleasure to be here and to accept this award on behalf of the 300,000 staff that work for HSBC in 85 different countries.

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