HSBC chairman to become British trade minister: BBC

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Stephen Green will leave his post as chairman of banking titan HSBC to become the trade minister in Britain's new coalition government, the BBC reported on Tuesday.

"Stephen Green, chairman of HSBC, is quitting to become trade minister in the coalition government," the BBC's business editor Robert Peston wrote in his online blog.

"The announcement of his appointment will be made this (Tuesday) afternoon."

HSBC declined to comment on the report.

© 2010 AFP

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