International Finance

Tag : bail

Banking

Location, location, location: Why the HSBC headquarters stayed in London

Moving to a more economically dynamic Hong Kong would subject it to China’s not-yet-ready-for-prime-time economic institutions Richard S. Grossman March 27, 2017: In February this year, HSBC, one of the world’s largest banks, decided not to move its headquarters from London to Hong Kong. The revelation that a company is staying put is usually not...
Business Leaders

In Monopoly move, Sahara chairman offers hotel for bail

Subrata Roy has been incarcerated after running afoul of a number of India’s financial regulations David Drake December 4,2014:We’ve seen life imitate art but rarely have we seen life imitate a board game. In  Hasbro’s popular board game, Monopoly, players often land in jail as well as own massive hotels on Park Place and other...