Support The Moscow Times!

HSBC Appoints New Head

HSBC has appointed Huseyin Ozkaya, who currently oversees HSBC’s corporate and investment business in Turkey, as a head of the bank’s Russian unit, replacing Stuart Lawson.

HSBC started its bank in Russia from scratch in 2008 with a charter capital of 6.9 billion rubles ($231.7 million) and hired Lawson, a prominent banker who previously oversaw Citibank’s startup in Russia, as its chief executive officer.  

(Reuters)


Read more

We need your help now more than ever.

Independent media outlets and journalists in Russia are being increasingly targeted with “foreign agent” and “undesirable” labels, threatening the existence of the free press day by day.

Your donation to The Moscow Times directly supports the last independent English-language news source within Russia.