Chaos As Tax Protesters Target Topshop
4 December 2010 04:15
...and cities as part of UK Uncut, with Arcadia - which includes Topshop and Dorothy Perkins - its main target, along with Boots, HSBC, Barclays and Vodafone. The group also criticised the coalition Government's decision to seek Sir Philip's advice on efficiency...
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Interest Rate Decision: Experts' Predictions
9 December 2010 10:25
...this time round." Several on the panel raised concerns over January's VAT rise Bronwyn Curtis, head of global research at HSBC, added that a further uncertainty was how much the big freeze would hurt the economy. "This is an important period for the retail...
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HSBC Faces £5.7bn Lawsuit For Madoff Fraud
6 December 2010 02:28
...is facing a lawsuit worth £4.1bn. Meanwhile, the case against Switzerland-based UBS AG is worth £1.3bn . This makes the HSBC lawsuit worth more than both the JPMorgan and UBS cases combined. In addition, the New York-based lawyer is seeking to recover £44m...
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Banks To Offer £1bn In 'Big Society' Pact
25 November 2010 01:25
...that savers have forgotten about or lost track of will also go into the Tory scheme, called the 'Big Society Bank'. Barclays , HSBC , Lloyds , RBS and Santander UK are to put their hands in their pocket after negotiating an "unprecedented pact" with the Government,...
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HSBC Names New Investment Bank Head
10 December 2010 01:51
...the business in hugely capable hands," said Stuart Gulliver, the current head of global banking and markets who takes over as HSBC CEO in January. Strategy for the division will remain the same, with focus on emerging markets and corporate financing, a spokesman...
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Madoff Trustee Sues HSBC For More Than $9 Billion
6 December 2010 09:13
...Madoffâs investments along with $2.3 billion in what Picard calls fraudulent transfers. In the complaint, Picard alleges that HSBC knew about the problems with Madoffâs investments and had retained the accounting firm KPMG to audit and identify concerns with...
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Madoff trustee sues HSBC for $9B in NY court
6 December 2010 12:53
...earnings and damages. The lawsuit was filed in the U.S. Bankruptcy Court for the Southern District of New York. Picard alleges HSBC helped funnel more than $8.9 billion to Madoff through a dozen so-called feeder funds based in Europe, the Caribbean and Central...
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HSBC Picture Gallery
15 October 2010 11:05
LONDON, ENGLAND - OCTOBER 15: (L-R) Giles Morgan, Group Head of Sponsorship at HSBC, Louis Oosthuizen, current Open Champion, and Peter Dawson, Chief Executive of The R&A pose for a photograph at HSBC's head office on October 15, 2010 in London, England. HSBC was today announced as a new Patron of The Open Championship. The partnership means that HSBC will be the 'Official Banking Partner' of The Open Championship for the next 5 years, taking HSBC's current activity with professional and grassroots golf in both established and emerging markets to a new level.
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LONDON, ENGLAND - OCTOBER 15: (L-R) Giles Morgan, Group Head of Sponsorship at HSBC, Louis Oosthuizen, current Open Champion, and Peter Dawson, Chief Executive of The R&A pose for a photograph at HSBC's head office on October 15, 2010 in London, England. HSBC was today announced as a new Patron of The Open Championship. The partnership means that HSBC will be the 'Official Banking Partner' of The Open Championship for the next 5 years, taking HSBC's current activity with professional and grassroots golf in both established and emerging markets to a new level.
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LONDON, ENGLAND - OCTOBER 15: (L-R) Giles Morgan, Group Head of Sponsorship at HSBC, Louis Oosthuizen, current Open Champion, and Peter Dawson, Chief Executive of The R&A pose for a photograph at HSBC's head office on October 15, 2010 in London, England. HSBC was today announced as a new Patron of The Open Championship. The partnership means that HSBC will be the 'Official Banking Partner' of The Open Championship for the next 5 years, taking HSBC's current activity with professional and grassroots golf in both established and emerging markets to a new level.
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LONDON, ENGLAND - OCTOBER 15: (L-R) Peter Dawson, Chief Executive of The R&A, Louis Oosthuizen, current Open Champion, and Giles Morgan, Group Head of Sponsorship at HSBC pose for a photograph at HSBC's head office on October 15, 2010 in London, England. HSBC was today announced as a new Patron of The Open Championship. The partnership means that HSBC will be the 'Official Banking Partner' of The Open Championship for the next 5 years, taking HSBC's current activity with professional and grassroots golf in both established and emerging markets to a new level.
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SHANGHAI, CHINA - NOVEMBER 02: (Backrow L to R) Helen Wong (President and CEO, HSBC China), Phil Mickelson of the USA, Tiger Woods of the USA, Martin Kaymer of Germany, Sandy Flockhart (Executive Director, HSBC Holdings), Peter Wong (CEO, HSBC Asia-Pacific) and Lee Westwood of England during the 2010 WGC-HSBC Champions Photocall at The Peninsula hotel on The Bund, Shanghai on November 2, 2010 in Shanghai, China.
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SHANGHAI, CHINA - NOVEMBER 02: (Backrow L to R) Helen Wong (President and CEO, HSBC China), Phil Mickelson of the USA, Tiger Woods of the USA, Martin Kaymer of Germany, Sandy Flockhart (Executive Director, HSBC Holdings), Peter Wong (CEO, HSBC Asia-Pacific) and Lee Westwood of England during the 2010 WGC-HSBC Champions Photocall at The Peninsula hotel on The Bund, Shanghai on November 2, 2010 in Shanghai, China.
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SHANGHAI, CHINA - NOVEMBER 02: (Backrow L to R) Helen Wong (President and CEO, HSBC China), Phil Mickelson of the USA, Tiger Woods of the USA, Martin Kaymer of Germany, Sandy Flockhart (Executive Director, HSBC Holdings), Peter Wong (CEO, HSBC Asia-Pacific) and Lee Westwood of England during the 2010 WGC-HSBC Champions Photocall at The Peninsula hotel on The Bund, Shanghai on November 2, 2010 in Shanghai, China.
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SHANGHAI, CHINA - NOVEMBER 02: (Backrow L to R) Helen Wong (President and CEO, HSBC China), Phil Mickelson of the USA, Tiger Woods of the USA, Martin Kaymer of Germany, Sandy Flockhart (Executive Director, HSBC Holdings), Peter Wong (CEO, HSBC Asia-Pacific) and Lee Westwood of England during the 2010 WGC-HSBC Champions Photocall at The Peninsula hotel on The Bund, Shanghai on November 2, 2010 in Shanghai, China.
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SHANGHAI, CHINA - NOVEMBER 07: Francesco Molinari of Italy is presented with the winners trophy by Peter Wong the CEO HSBC, Asia-Pacfic (R) and Giles Morgan, HSBC Group Head of Sponsorship after the final round of the WGC - HSBC Champions at Sheshan International Golf Club on November 7, 2010 in Shanghai, China.
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A man walks past advertising for HSBC in Hong Kong on September 24, 2010. HSBC chief executive Michael Geoghegan is to step down at the end of the year as part of a major shake-up of the bank's top management, reports. He will be replaced by Stuart Gulliver, head of the group's investment bank, the Financial Times and BBC reported. Finance director Douglas Flint will take over as chairman from Stephen Green, who announced this month he was leaving to become Britain's trade minister at the start of next year, the reports said. The dramatic overhaul at the top of HSBC caps a tumultuous period for the bank since Green announced he was quitting, with neither of the two men widely expected to become the next chairman ending up in the job.
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Pedestirans walk in front of the HSBC headquarters in Hong Kong on September 24, 2010. HSBC chief executive Michael Geoghegan is to step down at the end of the year as part of a major shake-up of the bank's top management, reports. He will be replaced by Stuart Gulliver, head of the group's investment bank, the Financial Times and BBC reported. Finance director Douglas Flint will take over as chairman from Stephen Green, who announced this month he was leaving to become Britain's trade minister at the start of next year, the reports said. The dramatic overhaul at the top of HSBC caps a tumultuous period for the bank since Green announced he was quitting, with neither of the two men widely expected to become the next chairman ending up in the job.
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A woman walks past advertising for HSBC in Hong Kong on September 24, 2010. HSBC chief executive Michael Geoghegan is to step down at the end of the year as part of a major shake-up of the bank's top management, reports. He will be replaced by Stuart Gulliver, head of the group's investment bank, the Financial Times and BBC reported. Finance director Douglas Flint will take over as chairman from Stephen Green, who announced this month he was leaving to become Britain's trade minister at the start of next year, the reports said. The dramatic overhaul at the top of HSBC caps a tumultuous period for the bank since Green announced he was quitting, with neither of the two men widely expected to become the next chairman ending up in the job.
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A man walks past advertising for HSBC in Hong Kong on September 24, 2010. HSBC chief executive Michael Geoghegan is to step down at the end of the year as part of a major shake-up of the bank's top management, reports. He will be replaced by Stuart Gulliver, head of the group's investment bank, the Financial Times and BBC reported. Finance director Douglas Flint will take over as chairman from Stephen Green, who announced this month he was leaving to become Britain's trade minister at the start of next year, the reports said. The dramatic overhaul at the top of HSBC caps a tumultuous period for the bank since Green announced he was quitting, with neither of the two men widely expected to become the next chairman ending up in the job.
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Pedestirans walk in front of the HSBC headquarters in Hong Kong on September 24, 2010. HSBC chief executive Michael Geoghegan is to step down at the end of the year as part of a major shake-up of the bank's top management, reports. He will be replaced by Stuart Gulliver, head of the group's investment bank, the Financial Times and BBC reported. Finance director Douglas Flint will take over as chairman from Stephen Green, who announced this month he was leaving to become Britain's trade minister at the start of next year, the reports said. The dramatic overhaul at the top of HSBC caps a tumultuous period for the bank since Green announced he was quitting, with neither of the two men widely expected to become the next chairman ending up in the job.
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SHANGHAI, CHINA - NOVEMBER 03: Phil Mickelson of the USA interacts with Peter Wong, CEO of HSBC Asia-Pacific, during the pro-am prior to the start of the WGC-HSBC Champions at Sheshan International Golf Club on November 3, 2010 in Shanghai, China.
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SHANGHAI, CHINA - NOVEMBER 07: Francesco Molinari of Italy is presented with the winners trophy by Peter Wong the CEO HSBC, Asia-Pacfic after the final round of the WGC - HSBC Champions at Sheshan International Golf Club on November 7, 2010 in Shanghai, China.
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SHANGHAI, CHINA - NOVEMBER 03: Phil Mickelson of the USA interacts with Peter Wong, CEO of HSBC Asia-Pacific, during the pro-am prior to the start of the WGC-HSBC Champions at Sheshan International Golf Club on November 3, 2010 in Shanghai, China.
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SHANGHAI, CHINA - NOVEMBER 05: (L-R) Giles Morgan, Group Head of Sponsorship for HSBC, David Howell, Ken Comboy and Graeme McDowell pose with Comboy and his the caddy of the year award after the second round of the HSBC Champions at the Sheshan Golf Club on November 5, 2010 in Shanghai, China.
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SHANGHAI, CHINA - NOVEMBER 07: Francesco Molinari of Italy is presented with the winners trophy by Peter Wong the CEO HSBC, Asia-Pacfic after the final round of the WGC - HSBC Champions at Sheshan International Golf Club on November 7, 2010 in Shanghai, China.
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SHANGHAI, CHINA - NOVEMBER 05: Giles Morgan (L), Group Head of Sponsorship for HSBC poses with Ken Comboy and his caddy of the year award after the second round of the HSBC Champions at the Sheshan Golf Club on November 5, 2010 in Shanghai, China.
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SHANGHAI, CHINA - NOVEMBER 07: From left to right: Francesco Molinari of Italy; Sandy Flockhart of HSBC; George O'Grady of The European Tour; Lee Westwood of England and Luke Donald of England pose for a photo on the first tee during the final round of the WGC- HSBC Champions at Sheshan International Golf Club on November 7, 2010 in Shanghai, China.
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The headquarters of banking giant HSBC are pictured in the Canary Wharf area of London on September 28, 2010. The headquarters of banking giant HSBC will remain in London, departing chairman Stephen Green said Wednesday, dismissing market speculation that its head office might move to Hong Kong. The lender moved its chief executive to Hong Kong in February to highlight the importance of Asia -- particularly China -- but London remains its headquarters, Green said on the sidelines of a board meeting in Shanghai. Photo taken on Sepember 28, 2010.
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The headquarters of banking giant HSBC are pictured in the Canary Wharf area of London on September 28, 2010. The headquarters of banking giant HSBC will remain in London, departing chairman Stephen Green said Wednesday, dismissing market speculation that its head office might move to Hong Kong. The lender moved its chief executive to Hong Kong in February to highlight the importance of Asia -- particularly China -- but London remains its headquarters, Green said on the sidelines of a board meeting in Shanghai. Photo taken on Sepember 28, 2010.
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The headquarters of banking giant HSBC, are pictured in the Canary Wharf area of London on September 28, 2010. The headquarters of banking giant HSBC will remain in London, departing chairman Stephen Green said Wednesday, dismissing market speculation that its head office might move to Hong Kong. The lender moved its chief executive to Hong Kong in February to highlight the importance of Asia -- particularly China -- but London remains its headquarters, Green said on the sidelines of a board meeting in Shanghai. Photo taken on Sepember 28, 2010.
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The offices of banking giants HSBC, Barclays and Citigroup are pictured in the Canary Wharf area of London on September 28, 2010. The headquarters of banking giant HSBC will remain in London, departing chairman Stephen Green said Wednesday, dismissing market speculation that its head office might move to Hong Kong. The lender moved its chief executive to Hong Kong in February to highlight the importance of Asia -- particularly China -- but London remains its headquarters, Green said on the sidelines of a board meeting in Shanghai. Photo taken on Sepember 28, 2010.
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The headquarters of banking giant HSBC (3rd R), are pictured in the Canary Wharf area of London on September 28, 2010. The headquarters of banking giant HSBC will remain in London, departing chairman Stephen Green said Wednesday, dismissing market speculation that its head office might move to Hong Kong. The lender moved its chief executive to Hong Kong in February to highlight the importance of Asia -- particularly China -- but London remains its headquarters, Green said on the sidelines of a board meeting in Shanghai. Photo taken on Sepember 28, 2010.
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A man leaves a branch of a HSBC bank in the Soho area fo London on September 27, 2010. The headquarters of banking giant HSBC will remain in London, departing chairman Stephen Green said Wednesday, dismissing market speculation that its head office might move to Hong Kong. The lender moved its chief executive to Hong Kong in February to highlight the importance of Asia -- particularly China -- but London remains its headquarters, Green said on the sidelines of a board meeting in Shanghai.
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Women leave a branch of a HSBC bank in the Soho area fo London on September 28, 2010. The headquarters of banking giant HSBC will remain in London, departing chairman Stephen Green said Wednesday, dismissing market speculation that its head office might move to Hong Kong. The lender moved its chief executive to Hong Kong in February to highlight the importance of Asia -- particularly China -- but London remains its headquarters, Green said on the sidelines of a board meeting in Shanghai. Photo taken on Sepember 28, 2010.
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A woman is reflected in advertising for HSBC in Hong Kong on September 24, 2010. HSBC chief executive Michael Geoghegan is to step down at the end of the year as part of a major shake-up of the bank's top management, reports. He will be replaced by Stuart Gulliver, head of the group's investment bank, the Financial Times and BBC reported. Finance director Douglas Flint will take over as chairman from Stephen Green, who announced this month he was leaving to become Britain's trade minister at the start of next year, the reports said. The dramatic overhaul at the top of HSBC caps a tumultuous period for the bank since Green announced he was quitting, with neither of the two men widely expected to become the next chairman ending up in the job.
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SHANGHAI, CHINA - NOVEMBER 02: Tiger Woods of the USA (L) and Lee Westwood of England (R) receive a Tai Chi lesson with swords during the 2010 WGC-HSBC Champions Photocall at The Peninsula hotel on The Bund, Shanghai on November 2, 2010 in Shanghai, China.
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SHANGHAI, CHINA - NOVEMBER 02: (Background L to R) Tiger Woods of the USA, Phil Mickelson of the USA, Martin Kaymer of Germany and Lee Westwood of England receive a Tai Chi lesson with swords during the 2010 WGC-HSBC Champions Photocall at The Peninsula hotel on The Bund, Shanghai on November 2, 2010 in Shanghai, China.
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SHANGHAI, CHINA - NOVEMBER 02: (L to R) Phil Mickelson of the USA, Tiger Woods of the USA, Lee Westwood of England and Martin Kaymer of Germany cross swords during the 2010 WGC-HSBC Champions Photocall at The Peninsula hotel on The Bund, Shanghai on November 2, 2010 in Shanghai, China.
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SHANGHAI, CHINA - NOVEMBER 06: Ernie Els of South Africa and his caddie Michael Kerr cross a bridge on the eighth hole uring the third round of the WGC-HSBC Champions at Sheshan International Golf Club on November 6, 2010 in Shanghai, China.
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SHANGHAI, CHINA - NOVEMBER 07: Rory McIlroy of Northern Ireland waits with his caddie JP Fitzgerald on the first hole during the final round of the WGC- HSBC Champions at Sheshan International Golf Club on November 7, 2010 in Shanghai, China.
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SHANGHAI, CHINA - NOVEMBER 07: Francesco Molinari of Italy watches a shot on the 16th hole hole as his caddie Jorge Gamarra looks on during the final round of the WGC-HSBC Champions at the Sheshan Golf Club on November 7, 2010 in Shanghai, China.
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SHANGHAI, CHINA - NOVEMBER 02: (L to R) Phil Mickelson of the USA, Tiger Woods of the USA, Lee Westwood of England and Martin Kaymer of Germany cross swords during the 2010 WGC-HSBC Champions Photocall at The Peninsula hotel on The Bund, Shanghai on November 2, 2010 in Shanghai, China.
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SHANGHAI, CHINA - NOVEMBER 02: (L to R) Phil Mickelson of the USA, Tiger Woods of the USA, Lee Westwood of England and Martin Kaymer of Germany cross swords during the 2010 WGC-HSBC Champions Photocall at The Peninsula hotel on The Bund, Shanghai on November 2, 2010 in Shanghai, China.
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SHANGHAI, CHINA - NOVEMBER 02: (L to R) Phil Mickelson of the USA, Tiger Woods of the USA, Lee Westwood of England and Martin Kaymer of Germany receive a Tai Chi lesson with swords during the 2010 WGC-HSBC Champions Photocall at The Peninsula hotel on The Bund, Shanghai on November 2, 2010 in Shanghai, China.
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SHANGHAI, CHINA - NOVEMBER 02: (Background L to R) Tiger Woods of the USA, Phil Mickelson of the USA, Martin Kaymer of Germany and Lee Westwood of England receive a Tai Chi lesson with swords during the 2010 WGC-HSBC Champions Photocall at The Peninsula hotel on The Bund, Shanghai on November 2, 2010 in Shanghai, China.
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SHANGHAI, CHINA - NOVEMBER 02: (Background L to R) Tiger Woods of the USA, Phil Mickelson of the USA, Martin Kaymer of Germany and Lee Westwood of England receive a Tai Chi lesson with swords during the 2010 WGC-HSBC Champions Photocall at The Peninsula hotel on The Bund, Shanghai on November 2, 2010 in Shanghai, China.
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SHANGHAI, CHINA - NOVEMBER 02: Anthony Kim of the USA and his companion pose for a photograph as they arrive at the 2010 WGC-HSBC Champions Welcome Reception at The Waldorf Astoria hotel on The Bund, Shanghai on on November 2, 2010 in Shanghai, China.
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SHANGHAI, CHINA - NOVEMBER 05: Lee Westwood of England waits with his caddie Billy Foster stand together on the first hole during the second round of the WGC-HSBC Champions at Sheshan International Golf Club on November 5, 2010 in Shanghai, China.
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SHANGHAI, CHINA - NOVEMBER 05: Louis Oosthuizen of South Africa watches his approach shot on the first fairway on the first hole during the second round of the WGC-HSBC Champions at Sheshan International Golf Club on November 5, 2010 in Shanghai, China.
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SHANGHAI, CHINA - NOVEMBER 02: Lee Westwood of England waits on the range during practice prior to the start of the WGC-HSBC Champions at Sheshan International Golf Club on November 2, 2010 in Shanghai, China. Westwood has claimed the world's number one ranking after it had been held by Tiger Woods for 281 consecutive weeks.
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SHANGHAI, CHINA - NOVEMBER 02: (L to R) Phil Mickelson of the USA, Tiger Woods of the USA, Lee Westwood of England and Martin Kaymer of Germany cross swords during the 2010 WGC-HSBC Champions Photocall at The Peninsula hotel on The Bund, Shanghai on November 2, 2010 in Shanghai, China.
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SHANGHAI, CHINA - NOVEMBER 02: (L to R) Phil Mickelson of the USA, Tiger Woods of the USA, Lee Westwood of England and Martin Kaymer of Germany cross swords during the 2010 WGC-HSBC Champions Photocall at The Peninsula hotel on The Bund, Shanghai on November 2, 2010 in Shanghai, China.
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SHANGHAI, CHINA - NOVEMBER 02: Tiger Woods of the USA (L) and Lee Westwood of England receive a Tai Chi lesson with swords during the 2010 WGC-HSBC Champions Photocall at The Peninsula hotel on The Bund, Shanghai on November 2, 2010 in Shanghai, China.
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SHANGHAI, CHINA - NOVEMBER 07: Francesco Molinari of Italy (centre) hits his tee-shot on the first hole as Lee Westwood of England (left) and Luke Donald of England (right) walk off during the final round of the WGC- HSBC Champions at Sheshan International Golf Club on November 7, 2010 in Shanghai, China.
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SHANGHAI, CHINA - NOVEMBER 02: (L to R) Phil Mickelson of the USA, Tiger Woods of the USA, Lee Westwood of England and Martin Kaymer of Germany receive a Tai Chi lesson with swords during the 2010 WGC-HSBC Champions Photocall at The Peninsula hotel on The Bund, Shanghai on November 2, 2010 in Shanghai, China.
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SHANGHAI, CHINA - NOVEMBER 02: Phil Mickelson of the USA (L) and Martin Kaymer of Germany receive a Tai Chi lesson with swords during the 2010 WGC-HSBC Champions Photocall at The Peninsula hotel on The Bund, Shanghai on November 2, 2010 in Shanghai, China.
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SHANGHAI, CHINA - NOVEMBER 02: Tiger Woods of the USA and Lee Westwood of England receive a Tai Chi lesson with swords during the 2010 WGC-HSBC Champions Photocall at The Peninsula hotel on The Bund, Shanghai on November 2, 2010 in Shanghai, China.
