Stuart Gulliver also conceded the bank's reputation has been damaged and the morale of senior staff knocked by the revelations about the tax evasion strategies adopted by its Swiss arm.
It must also reform and restore public services, raise battered morale among senior officialdom, lift the level of political culture, squeeze the illegal economy, slap down the oligarchs, resist siren calls from Russia, improve the business environment, and tempt migrant Latvians home from their jobs in western Europe.
Asked about the impact of revelations about the tax evasion strategies in its Swiss arm following the leak of details about 100,000 bank accounts, he said they had "undoubtedly done reputational damage to the firm and had significant negative impact on morale among senior colleagues at HSBC".
TRIPOLI, Libya — After the NATO bombing and the rebel forces that have pushed forward at Misurata, only 130 miles from Tripoli, the greatest threat facing the Libyan government may lie in high-level defections that undermine morale and set senior officials to wondering who may be next to abandon Colonel Muammer el-Qaddafi's elite.
"There's a real morale issue," said one senior figure.
Responding to Homer's decision to step down, Mark Serwotka, the head of PCS, said: "We do not believe Lin Homer has been a force for good at HMRC and she leaves a department wracked by low staff morale, a highly politicised senior civil service and with industrial relations the worst we have ever known.
In addition to helping you handle the holiday rush, temporary workers help could allow employees to take much-needed vacation days, keeping staff morale high, says Paul McDonald, senior executive director at Robert Half, a national staffing agency.
Previous articles concerned the department's morale problems, the loss of senior supervisors to retirement, the lack of senior black officers, and how the department's own tactics and reputation hurt its attempts to recruit young black men.
Zaida C. Morales-Martínez is a senior lecturer in chemistry and the coordinator of Pre-Health Advising at Florida International University in Miami.
Previous articles dealt with the department's morale problems and loss of senior supervisors to retirement.
