HSBC Holdings PLC (FRA:HBC1)

€ 8.11 -0.019 (-0.23%) Market Cap: 152.99 Bil Enterprise Value: 113.15 Mil PE Ratio: 7.50 PB Ratio: 0.88 GF Score: 58/100

HSBC Holdings PLC Annual Shareholders Meeting Transcript

Apr 12, 2019 / 10:00AM GMT

Release Date Price: €7.53 (-0.26%)

Transcript

Mark Edward Tucker

HSBC Holdings plc - Non-Executive Group Chairman of the Board

Ladies and gentlemen, good morning, and a warm welcome to the 2019 Annual General Meeting for HSBC Holdings plc. I'm particularly pleased to see that so many shareholders have been able to join us here in Birmingham.

HSBC's ties with Birmingham date back 183 years to when the Birmingham and Midland banking company first opened its doors for business. Between 1836 and 1898, the Midland Bank held AGMs at a number of different venues across the city. These included a purpose-built head office which opened in 1869. The building still stands on New Street, and it remains a local landmark. It now houses the Apple Store. In 2018, we reached a significant new milestone with the opening of HSBC UK, our ring-fenced bank, here in the city. HSBC is pleased to reaffirm its commitment to Birmingham by holding this meeting here today.

I would like to begin with 2 items of housekeeping. First, Henri de Castries is sadly unable to join us and attend today's meeting and has asked me to pass on his apologies. He has other

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