31/07/2013 12:49:00

HSBC Holdings: James Comey Resigns to Become Director of FBI

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LONDON--Banking giant HSBC Holdings PLC (HSBA.LN) said Wednesday James B Comey, Jr., an independent non-executive Director, has resigned from the Board with effect from Sept. 4, following his confirmation by the U.S. Senate as the next Director of the Federal Bureau of Investigation.

MAIN FACTS:

-Mr. Comey was nominated for that post by President Barack Obama in June.

-Mr. Comey was appointed to the HSBC Board on March 4 and served on the Financial System Vulnerabilities Committee.

-Shares in London at 1130 GMT up 11 pence, or 1.53%, at 747 pence valuing the company at 137.24 billion pounds.

-Write to Ian Walker at ian.walker@wsj.com

Subscribe to WSJ: https://online.wsj.com?mod=djnwires

(END) Dow Jones Newswires

July 31, 2013 07:49 ET (11:49 GMT)

Copyright (c) 2013 Dow Jones & Company, Inc.

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