HSBC Holdings Chief Executive Michael Geoghegan speaks during the annual shareholders meeting at the Barbican, in London May 22, 2009. Europe's biggest bank HSBC Holdings said on Friday it intended to continue to pay quarterly interim dividends but added that business would remain challenging during much of 2010. Reuters Pictures 5 months ago

HSBC Holdings Chief Executive Michael Geoghegan speaks during the annual shareholders meeting at the Barbican, in London May 22, 2009. Europe's biggest bank HSBC Holdings said on Friday it intended to continue to pay quarterly interim dividends but added that business would remain challenging during much of 2010.

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  1. HSBC Holdings Group Chairman Stephen Green attends a news conference in Hong Kong September 25, 2009.
  2. HSBC Holdings Chief Executive Michael Geoghegan (L) and Group Chairman Stephen Green attend a news conference in Hong Kong September 25, 2009. HSBC Holdings is moving its chief executive to Hong Kong as Europe's biggest bank increasingly focuses on Asia.
  3. HSBC Holdings Chief Executive Michael Geoghegan attends a news conference in Hong Kong September 25, 2009. HSBC Holdings is moving its chief executive to Hong Kong as Europe's biggest bank increasingly focuses on Asia.
  4. HSBC Holdings Chief Executive Michael Geoghegan attends a news conference in Hong Kong September 25, 2009. HSBC Holdings is moving its chief executive to Hong Kong as Europe's biggest bank increasingly focuses on Asia.
  5. HSBC Holdings Chief Executive Michael Geoghegan poses for a photo before attending a directorate meeting in Hong Kong September 25, 2009. HSBC Holdings is moving its chief executive to Hong Kong as Europe's biggest bank increasingly focuses on Asia.
  6. HSBC Holdings Chief Executive Michael Geoghegan (L), Group Chairman Stephen Green and Executive Director and Asia-Pacific Chairman Vincent Cheng (R) attend a news conference in Hong Kong September 25, 2009. HSBC Holdings is moving its chief executive to Hong Kong as Europe's biggest bank increasingly focuses on Asia.
  7. HSBC Holdings Chief Executive Michael Geoghegan attends a news conference in Hong Kong September 25, 2009. HSBC Holdings is moving its chief executive to Hong Kong as Europe's biggest bank increasingly focuses on Asia.
  8. People walk by a branch of HSBC bank in the City of London, Tuesday, Nov. 3, 2009. HSBC Holdings PLC says it is cutting 1,700 positions from its British work force. The bank says the biggest cuts will come in its credit card and collections operation, which will be reduced from nine regional offices to two sites in Birmingham. Unite, the U.K.'s largest trade union, says it is appalled by the decision. It says that the new cutbacks bring the total number of job losses this year to 4,600.
  9. A man walks by a branch of HSBC bank in the City of London, Tuesday, Nov. 3, 2009. HSBC Holdings PLC says it is cutting 1,700 positions from its British work force. The bank says the biggest cuts will come in its credit card and collections operation, which will be reduced from nine regional offices to two sites in Birmingham. Unite, the U.K.'s largest trade union, says it is appalled by the decision. It says that the new cutbacks bring the total number of job losses this year to 4,600.
  10. People walk by a branch of HSBC bank in the City of London, Tuesday, Nov. 3, 2009. HSBC Holdings PLC says it is cutting 1,700 positions from its British work force. The bank says the biggest cuts will come in its credit card and collections operation, which will be reduced from nine regional offices to two sites in Birmingham. Unite, the U.K.'s largest trade union, says it is appalled by the decision. It says that the new cutbacks bring the total number of job losses this year to 4,600.
  11. Sandy Flockhart, chief executive of Hong Kong and Shanghai Banking Corp (HSBC), attends a news conference in Taipei November 2, 2009. HSBC Holdings, Europe's biggest bank, will focus its Asia acquisition strategy on China and other expanding markets, Flockhart said on Monday.
  12. Sandy Flockhart, chief executive of Hong Kong and Shanghai Banking Corp (HSBC), listens during a news conference in Taipei November 2, 2009. HSBC Holdings, Europe's biggest bank, will focus its Asia acquisition strategy on China and other expanding markets, Flockhart said on Monday.
  13. HSBC Holding Executive Director and Asia-Pacific Chairman Vincent Cheng attends a news conference in Hong Kong September 25,2009. HSBC Holdings is moving its chief executive to Hong Kong as Europe's biggest bank increasingly focuses on Asia. HSBC said on Friday it will stay based in London for tax purposes and had no plans to move, and Britain's Financial Services Authority will remain its lead regulator.
  14. Stephen Green, right, chairman of HSBC group and Michael Geoghegan, chief executive, speaks at the news conference at the HSBC headquarter in the Hong Kong Friday, Sept. 25, 2009. HSBC says it is moving its chief executive officer to Hong Kong to lead its focus on emerging markets. The bank says group Chief Executive Michael Geoghegan will be based in Hong Kong from Feb. 1, though HSBC Holdings PLC and the group chairman will remain in Britain.
  15. Michael Geoghegan, chief executive speaks at the news conference at the HSBC headquarter in the Hong Kong Friday, Sept. 25, 2009. HSBC says it is moving its chief executive officer to Hong Kong to lead its focus on emerging markets. The bank says group Chief Executive Michael Geoghegan will be based in Hong Kong from Feb. 1, though HSBC Holdings PLC and the group chairman will remain in Britain.
  16. Michael Geoghegan, chief executive speaks at the news conference at the HSBC headquarter in the Hong Kong Friday, Sept. 25, 2009. HSBC says it is moving its chief executive officer to Hong Kong to lead its focus on emerging markets. The bank says group Chief Executive Michael Geoghegan will be based in Hong Kong from Feb. 1, though HSBC Holdings PLC and the group chairman will remain in Britain.

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