Bloomberg News

HSBC’s Investment Bank Chief Sells 2.1 Million Pounds of Stock

February 28, 2012

HSBC Holdings Plc (HSBA) said Samir Assaf, head of the investment bank, sold 384,436 shares valued at 2.1 million pounds. The stock, released under a 2010 share award was sold for 555 pence apiece, HSBC said in a statement today.

To contact the reporter on this story: Howard Mustoe in London at hmustoe@bloomberg.net

To contact the editor responsible for this story: Jon Menon at jmenon1@bloomberg.net


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