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July 23, 2012 11:00 AM
When a news executive sits on a bank’s board
The FT Group’s Fairhead is a director of troubled HSBC
It’s unusual—rare, even—for the CEO of a major financial news and information concern to serve on the board of directors of a giant global bank. There’s a reason for that. Rona Fairhead, who heads the Financial Times Group, the unit of British publishing and education giant Pearson PLC that owns the Financial Times newspaper, sits on the board of HSBC,...
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