Former HSBC boss Lord Green quits banking lobby group

[Pete]

"Lord Stephen Green, the former HSBC boss at the centre of the storm over the bank’s alleged tax dodging, is to resign from his role with an influential financial services lobby group.

The peer, who also served as a trade minister in David Cameron’s government, will step down as chair of TheCityUK’s advisory council immediately."

http://bit.ly/1Cthkxy

Funny how all his friends and allies tried to play down this scandal - then he resigns as chairman of the TheCityUK - why?

Just another example of how the very rich are as bent as a five bob note...


Also found this from Private Eye:

[Fly]

Busy man apparently. Fingers in many pies. At least TheCityUK was a non financial position 
http://www.parliament.uk/biographies/lords/lord-green-of-hurstpierpoint/4191

[Fly]

The plot thickens 
http://leftfootforward.org/2015/02/hsbc-scandal-4-questions-for-david-cameron/