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| Name | Symbol | Market | Type |
|---|---|---|---|
| Novartis AG | NYSE:NVS | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.23 | -0.22% | 102.99 | 400 | 09:09:16 |
From May 2019 to May 2024
By Tapan Panchal
LONDON--HSBC Holdings PLC (HSBC) on Friday appointed Jonathan Symonds, former chief financial officer of Novartis AG (NOVN.VX), as chairman of its European retail banking unit HSBC Bank PLC.
Mr. Symonds was chief financial officer of Novartis from 2009 to 2013.
The U.K. banking and financial services company said Mr. Symonds will also be appointed an independent non-executive director of HSBC Holdings from April 14. He will become a member of the group remuneration committee, and the conduct and values committee.
The company said Mr. Symonds's appointment will be for an initial three-year term which, subject to re-election by shareholders, will expire at the conclusion of the 2017 annual general meeting.
At 1501 GMT, shares of HSBC Holdings were up 2 pence, or 0.3%, at 599 pence, valuing the company at 112.46 billion pounds ($187.26 billion).
Write to Tapan Panchal at tapan.panchal@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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