Financial Times FT.com

HSBC

Vinke in search of HSBC allies

By Sundeep Tucker in Hong Kong

Published: September 9 2007 22:32 | Last updated: September 9 2007 22:32

Knight Vinke, the activist investor, will this week begin to meet fellow HSBC shareholders as part of its campaign to force the bank into a strategic review of its global banking operations.

Eric Knight, founder of Knight Vinke, said that some of the 10 biggest shareholders had been in contact to arrange meetings after a declaration last week by his firm and Calpers, the US state pension fund, that they would target the world’s fourth largest bank.

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