The duties apply to each director separately, while the powers apply to the board jointly. This does not mean that directors can never stand in a fiduciary relationship with the individual shareholders; they may well have such a duty in certain circumstances. The exercise by the board of direct...
2007In China, HSBC is one of the first foreign banks to incorporate locally under the name HSBC Bank (China) Company Limited, and HSBC Rural Bank opens for business in Hubei Province. In Vietnam,HSBC increases its stake in Techcombank to 14.4% and acquires 10% of Bao Viet, the count...