Knight Vinke Connection to HSBC Offers Some Clarity
Analysts are speculating as to the motives of Knight Vinke Asset Management in its latest interest in HSBC Holdings (see article from DealBook). To try and make better sense of Knight Vinke’s actions, we decided to see what connections might be at work in explaining this decidedly cloudy scenario.
An IntellectSpace Knowledge Map of the ties between Knight Vinke’s Chairman and HSBC doesn’t quite reveal the activist investment company’s motives, but it does reveal the connections that could be helpful in whatever it’s planning. Jefferey C. Keil (Chairman of Knight Vinke) was previously the President for over a decade of the Republic New York Corp, which was sold to HSBC in 1999. Though Keil left Republic New York in 1996, it’s likely that he retained contact with many of this former colleagues who would have been highly involved in the acquisition. Through these connections, Keil, and subsequently Knight Vinke, may have been made aware of certain HSBC insider information that led to a sparking of interests.
Keil is also shown to have strong links to other individuals with similar ties to HSBC. The reasons behind Knight Vinke’s concentration on Europe’s leading bank may still be a mystery, though with the help of an IntellectSpace Knowledge Map, we can begin to piece together its strategy.
Click here or paste this link into your Internet Explorer browser for an interactive version of this IntellectSpace Knowledge Map: http://nv.intellectspace.com
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