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. Reuters Pictures logo Reuters Pictures 29 months ago

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.